Abbott Laboratories Employees Credit Union Data Breach Class Action Investigation

At Console & Associates, our data breach lawyers are closely examining the recent Abbott Laboratories Employees Credit Union data breach. This data breach was disclosed following a cyber security incident at Abbott Laboratories Employees Credit Union, which may have affected as many as 36,044 individuals, potentially exposing sensitive personal identifiable information.

What Happened?

A recent filing with the Maine Attorney General's Office indicates that the data breach at Abbott Laboratories Employees Credit Union was the result of a cyber security incident. ALEC took immediate action to secure the compromised account and initiated an internal investigation with assistance from an external forensic security firm. This investigation revealed that an unauthorized individual accessed the employee's email account on August 2, 2024. Further analysis determined that the account held specific emails and attachments containing sensitive consumer information. Data breach notification letters were issued by Abbott Laboratories Employees Credit Union on October 18, 2024, alerting those impacted about the specifics of the incident and the type of data that was compromised.

Steps To Take If You Were Affected By A Data Breach

1. Monitor all accounts and credit reports closely
2. Consider freezing your credit
3. Look out for phishing attempts using information from the Abbott Laboratories Employees Credit Union data breach
4. Change passwords for affected accounts
5. Enable two-factor authentication where possible

For more detailed guidance, explore our “Guide for Victims of a Data Breach” to better understand measures you can take to protect yourself after a data breach.

Abbott Laboratories Employees Credit Union Overview

Founded in 1990 and based in Gurnee, Illinois, Abbott Laboratories Employees Credit Union is a financial institution that offers a wide range of banking services. Membership is open to employees and retirees of Abbott and AbbVie, along with their family members. With around 31,000 members and over 94 employees, ALEC generates approximately $20 million in annual revenue.

Abbott Laboratories Employees Credit Union Data Breach Victims Have Rights - Don’t Wait to Act

How do you know that you were affected by the Abbott Laboratories Employees Credit Union data breach? Usually victims receive a NOTICE OF DATA BREACH in the mail, but the impact of a breach can be felt long before notices are sent to those affected. This can be in the form of fraudulent financial activity and other forms of identity theft.

If you believe you were affected, we encourage you to reach out to our data breach law firm for legal assistance through a no-cost consultation about your situation. We will review your eligibility to file a data breach class action lawsuit and discuss your legal rights and any compensation that may be available to you. 

Complete our confidential contact form below and a member of our legal team will be in touch.