what is a data breach? It just hit your bank — and emptied your account in 27 minutes
If you're wondering what is a data breach, here's the scary reality: hackers just used one to drain a family's entire checking account in less than half an hour. A new report reveals that the average victim loses $1,400, but many are only finding out when their card is declined at the grocery store. The worst part? Banks are not required to refund stolen money if you don't spot the breach within 60 days. This means that "what is a data breach" is no longer just tech jargon — it's a direct hit to your wallet. Check your accounts right now, and if you see any odd logins or tiny "test" charges, lock your cards immediately. Don't wait for a notification that might never come.