Commonwealth Business Bank (“CBB”) Data Breach – Investigated by Federman & Sherwood
Oklahoma City, Oklahoma (August 15, 2025) – The law firm of Federman & Sherwood announces that it has initiated an investigation into Commonwealth Business Bank (“CBB”) following the company’s disclosure of a significant data breach reported to the Attorney General of California.
According to CBB, the company identified suspicious network activity on February 6, 2025. A forensic investigation determined that unauthorized actors had access to CBB’s systems from January 25, 2025, through February 8, 2025. During that time, files containing sensitive personal information — including names and other identifiers — were accessed and may have been exfiltrated.
Federman & Sherwood is investigating whether CBB failed to implement and maintain reasonable cybersecurity procedures, thereby violating state and federal data protection laws. Data breaches of this nature may give rise to claims for negligence, breach of implied contract, and violations of consumer protection statutes.
The compromised information may have included:
- Name
- Social Security number
- Financial information
- Other sensitive information
What is Commonwealth Business Bank?
Commonwealth Business Bank (“CBB”) is a full-service commercial bank.
If you received a data breach notification letter from Commonwealth Business Bank, or if you believe your personal information may have been compromised, you may have legal claims to assert. Federman & Sherwood is actively evaluating potential remedies on behalf of affected individuals, including monetary compensation and injunctive relief to improve the company’s data security practices.
For more information about this investigation and to discuss your legal rights, please contact:
FEDERMAN & SHERWOOD
Phone: 1-800-237-1277
Email : info@federmanlaw.com
Website: www.federmanlaw.com