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Article content A 2018 hack and theft of millions of dollars from customers could cost two of Canada’s biggest banks a combined $23 million to settle class-action lawsuits from victims. Ontario Superior Court Justice Robert Smith approved the settlement and disbursement of money last week of a potential $21.2 million for 113,151 Bank of Montreal victims, and $1.7 million for just over 10,000 victims of CIBC’s online Simplii Financial bank. We apologize, but this video has failed to load. Try refreshing your browser, or Two Canadian banks could pay up to $23 million to settle lawsuits in 2018 hacks Back to video The BMO total is labelled “potential” because its settlement has a fixed portion (about $12 million) and a portion that victims can submit claims for time spent dealing with breach issues (that could reach $8.5 million if all conditions are met).

Michael robbOntario superior court justice robert smithPostmedia network incCanadian tireTwo canadianSimplii financialSuperior court justice robert smithSocial insurancePostmedia networkStreet eastமைக்கேல் கொள்ளைஆஂடேரியொ உயர்ந்தது நீதிமன்றம் நீதி ராபர்ட் ஸ்மித்கனடியன் சக்கரம்இரண்டு கனடியன்உயர்ந்தது நீதிமன்றம் நீதி ராபர்ட் ஸ்மித்சமூக காப்பீடு