Byte Federal Data Breach Class Action Investigation

At Console & Associates, our data breach lawyers are closely examining the recent Byte Federal data breach. This data breach was disclosed following a cyber security incident at Byte Federal, which may have affected as many as 58,000 individuals, potentially exposing sensitive personal identifiable information.

What Happened?

A recent report from the Maine Attorney General's office states that the Byte Federal data breach occurred due to unauthorized access through a vulnerability in GitLab, a third-party software development platform. The incident was detected on November 18, 2024, prompting the company to launch an investigation. The breach exposed highly sensitive personal data including:

• Full names and birthdates
• Residential addresses
• Phone numbers and email addresses
• Government-issued identification documents
• Social Security numbers
• Transaction histories
• Personal photographs

Data breach letters were sent out by Byte Federal on December 12, 2024, informing affected individuals about the nature of the incident and compromised data.

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 Byte Federal 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.

Byte Federal Overview

Byte Federal Inc. represents a bridge between traditional financial services and the cryptocurrency marketplace. Based in Venice, Florida, the company operates a network of Bitcoin ATMs that make cryptocurrency accessible to mainstream users. Their innovation extends beyond physical infrastructure through their ByteWallet application, a mobile platform that enables users to manage digital currency transactions seamlessly.

With a workforce exceeding 60 employees and annual revenue of approximately $5 million, Byte Federal their business model combines physical accessibility through ATM locations with digital convenience through their mobile wallet solution, serving both novice and experienced cryptocurrency users.

Byte Federal Data Breach Victims Have Rights - Don’t Wait to Act

How do you know that you were affected by the Byte Federal 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.