On April 26, 2024, Financial Business and Consumer Solutions, Inc. (“FBCS”) filed a data breach notification with the Maine Attorney General after discovering unauthorized access to certain systems within its network. . In the notice, FBCS explains that the incident allowed unauthorized parties to access sensitive information such as consumers' names, social security numbers, dates of birth, and account information. Once FBCS completed its investigation, it began sending data breach notification letters to all individuals whose information was affected by the recent data security incident.
If you receive a data breach notification from Financial Business and Consumer Solutions, Inc., it is important to understand what is at risk and what you can do about it. A data breach attorney can learn more about how to protect yourself from being a victim of fraud and identity theft, as well as discuss your legal options after a data breach for financial business and consumer solutions . For more information, see our recent article on this topic. here.
What causes data breaches in financial business and consumer solutions?
Financial Business and Consumer Solutions data breaches were only recently announced, and more information is expected to be released in the near future. However, documents filed by FBCS with the Maine Attorney General's Office contain important information about what led to the breach. According to this source, on February 26, 2024, FBCS detected unauthorized activity within the computer network. In response, FBCS secured its systems and began an investigation into the incident in collaboration with data security experts.
This investigation revealed that the FBCS network was compromised from February 14, 2024 to February 26, 2024, during which time unauthorized parties were able to view and/or access sensitive consumer information. I did.
After learning that sensitive consumer data was accessible to unauthorized parties, Financial Business and Consumer Solutions investigated the compromised files and determined what information was exposed and which consumers were affected. I have identified Taka. Compromised information varies by individual but may include name, social security number, date of birth, and account information. FBCS began notifying business customers on April 4, 2024.
On April 26, 2024, Financial Business and Consumer Solutions sent a data breach letter to everyone affected by a recent data security incident. These letters should provide victims with a list of what information in their possession was compromised.
More information about Financial Business and Consumer Solutions, Inc.
Financial Business and Consumer Solutions, Inc., founded in 1982, is a collections agency based in Cape May, New Jersey. FBCS provides pre-charge-off, early-out, and third-party collection services to customers in a variety of industries, including consumer credit, healthcare, commercial collections, auto loans and leases, student loans, and utilities. Financial Business and Consumer Solutions employs more than 115 people and generates annual revenues of approximately $24 million.