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Commonwealth Business Bank Data Breach Lawsuit Investigation
Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in data breach cases, is investigating the Commonwealth Business Bank data breach.
If you were affected by the data breach, your sensitive personally identifiable information may have been exposed, and you may be eligible for compensation.
About Commonwealth Business Bank
Commonwealth Business Bank, also known as CBB Bank, is a full-service commercial bank based in Los Angeles. Founded in 2005, the bank operates eleven branches across California, Texas and Hawaii, as well as several loan production offices.
CBB Bank primarily serves small and medium-sized businesses, with a focus on providing personalized banking services to diverse, multi-ethnic communities. The bank is recognized for its expertise in Small Business Administration (SBA) loan programs, including SBA 7(a) and 504 loans.
What happened?
Commonwealth Business Bank experienced a major data security incident. On Feb. 6, 2025, the bank discovered suspicious activity on its network. An investigation was launched and revealed that an unauthorized actor gained access to the bank’s systems between Jan. 25 and Feb. 8, 2025.
The data breach compromised personal and financial information of an unknown number of individuals. CBB Bank began notifying affected people by mail on Aug. 13, 2025.
Possible Exposed Information
- Name
- Address
- Date of birth
- Social Security number
- Account numbers
- Financial information
CBB Bank also disclosed the data breach to the California Attorney General's office on Aug. 13, 2025.
Your Rights and Next Steps
If you received a notice from Commonwealth Business Bank about this breach, you have important rights and options. You may be entitled to seek compensation for any harm or inconvenience caused by this cybersecurity incident.
- Credit monitoring services: Enroll in the free Experian IdentityWorks credit monitoring services, offered by the bank.
- Monitor your accounts carefully: Check your financial statements regularly for suspicious activity or unauthorized transactions. If you notice anything unusual, contact your financial institution immediately.
- Fraud alert and credit reports: A fraud alert informs creditors to take extra steps to verify your identity before opening new accounts in your name. Consumers are also entitled to one free credit report annually from each credit bureau. You can request a fraud alert or a credit report by contacting any one of the three major credit bureaus.
- Seek legal help: Lawyers are ready to help you understand your rights and pursue compensation.
Staying vigilant is key to minimizing the risk of further harm.
You May Be Entitled to Compensation
If your information was exposed in the Commonwealth Business Bank data breach, you may be eligible for compensation, which could include reimbursement for out-of-pocket expenses, time spent addressing the breach, or payment for emotional distress.
Lawyers are ready to help pursue claims for damages. To find out if you qualify and to join a potential lawsuit, complete the form below.
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