CreditRiskMonitor Data Breach Class Action Investigation

At Console & Associates, our data breach lawyers are closely examining the recent CreditRiskMonitor data breach. This data breach was disclosed following a cyber security incident at CreditRiskMonitor, which may have affected an undetermined number of individuals, potentially exposing sensitive personal identifiable information.

What Happened?

CreditRiskMonitor filed notices with the Securities & Exchange Commission and the Attorney General of Massachusetts on October 8, 2024, revealing that the company had fallen victim to unauthorized access within its computer network. The incident, which was detected on July 19, 2024, allowed an unauthorized actor to gain access to files containing confidential information between July 8, 2024, and July 17, 2024.

The compromised files may have included sensitive data such as:

• Names
• Social Security numbers

CreditRiskMonitor began sending out data breach notification letters to affected individuals on October 8, 2024, providing more details about the incident and what steps should be taken to protect their personal information.

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 CreditRiskMonitor 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.

CreditRiskMonitor Overview

CreditRiskMonitor, Inc., based in Valley Cottage, NY, is a software company that offers credit and supply chain solutions, as well as financial information, to corporate credit and procurement professionals. The company serves a significant portion of Fortune 1000 companies, has a staff of nearly 100 employees, and generates about $19 million in yearly revenue.

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

How do you know that you were affected by the CreditRiskMonitor 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.