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Brazilian Bank Inter Settlement: 1.5 Million Reais For Data Breach Incident

General Esm H446
Brazilian bank Inter has achieved a settlement over a major security flaw that leaked data of nearly 20 thousand account holders earlier this year. Under the conclusion for the case, announced by Brazil's Public Prosecutor's Office (PPO) on December 18, the bank will pay 1.5 million reais ($382,000) as a means to repair the collective moral damages related to the incident.

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