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Klarna feared 288,000 customer logins were exposed in a data leak and projected a $41 million legal hit, messages show

1. Klarna estimated 288,000 customer logins exposed in a data glitch. 2. Potential financial impact of the glitch could reach $41.8 million. 3. Actual number of affected accounts is over 99% lower than expected. 4. Klarna has resolved the issue and implemented new login protections. 5. The incident reflects ongoing risks to customer data security.

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FAQ

Why Neutral?

Despite the potential impact, actual damage was significantly lower than anticipated.

How important is it?

The incident directly involves customer trust and security, crucial for Klarna's operation.

Why Short Term?

The immediate fallout has been addressed, but long-term trust may require recuperation.

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