First Analysis Corporation Data Breach Class Action Investigation

At Console & Associates, our data breach lawyers are closely examining the recent First Analysis Corporation (“First Analysis”) data breach. This data breach was disclosed following a cyber security incident at First Analysis, which exposed sensitive personally identifiable information.

What Happened?

A recent report from the Attorney General of Montana's office states that the First Analysis data breach occurred due to a cyber security incident. On August 9, 2024, First Analysis became aware of a possible data security breach affecting its computer network. In response, the company took immediate action to secure its systems and launched an investigation with the assistance of outside cybersecurity specialists. This investigation confirmed that an unauthorized party had accessed the company's network, including sensitive files, between August 7, 2024, and August 9, 2024.

First Analysis believes the breach was the result of an unpatched vulnerability in a security device. Following the discovery that unauthorized access had exposed sensitive consumer information, First Analysis carefully reviewed the compromised files to identify the specific data exposed and the individuals affected. The compromised data includes:

• Names and addresses
• Email addresses
• Certain financial information
• Social Security numbers

Data breach letters were sent out by First Analysis on November 14, 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
   1. Set up alerts for suspicious activity
   2. Review all financial statements thoroughly
   3. Request free credit reports and examine them for unauthorized entries
      
      
2. Consider freezing your credit
   1. Contact all three major credit bureaus to place a freeze
   2. Understand this prevents new accounts from being opened in your name
   3. Remember to temporarily lift the freeze when applying for legitimate credit
      
      
3. Look out for phishing attempts using information from the First Analysis data breach
   1. Be wary of unexpected emails or messages claiming to be from First Analysis
   2. Don't click on suspicious links or download unexpected attachments
   3. Verify all communications through official channels
      
      
4. Change passwords for affected accounts
   1. Create strong, unique passwords for each account
   2. Use a combination of letters, numbers, and special characters
   3. Consider using a password manager for better security
      
      
5. Enable two-factor authentication where possible
   1. Add this extra layer of security to all important accounts
   2. Use authenticator apps rather than SMS when available
   3. Keep backup codes in a secure location

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.

First Analysis Overview

Headquartered in Chicago, Illinois, First Analysis Corporation is an investment and advisory firm that offers capital solutions to emerging businesses while also providing investment banking services. The firm has a particular focus on high-growth sectors like technology, healthcare, and environmental services, leveraging years of industry knowledge to benefit both investors and growing companies. First Analysis combines its deep expertise with a hands-on approach to support clients across various growth stages, providing services ranging from equity investments to M&A advisory and strategic guidance.

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

How do you know that you were affected by the First Analysis 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.