Parascript Data Breach Class Action Investigation

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

What Happened?

A recent report from the Massachusetts Attorney General's Office states that the Parascript data breach occurred due to a ransomware attack. The incident timeline began on July 29, 2024, when unauthorized actors first infiltrated Parascript's computer systems. The company remained unaware of this unauthorized access until August 16, 2024—approximately two and a half weeks later—when they detected suspicious activity within their network showing patterns consistent with ransomware.

Upon discovery, Parascript implemented containment measures to limit the breach's impact and promptly notified federal law enforcement authorities. The company then engaged external cybersecurity specialists to conduct a comprehensive investigation into the incident.

The investigation confirmed that during the nearly three-week period of unauthorized access, attackers were able to view and potentially exfiltrate files containing confidential information from portions of Parascript's IT infrastructure. The company subsequently conducted a detailed review of the compromised systems to identify affected individuals and determine what specific data had been exposed. The sensitive information involved in this breach includes:

• Full names
• Social Security numbers

Data breach letters were sent out by Parascript on March 18, 2025, 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 Parascript data breach
   1. Be wary of unexpected emails or messages claiming to be from Parascript
   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.

Parascript Overview

Parascript, LLC is a technology firm based in Longmont, Colorado that specializes in document automation solutions powered by artificial intelligence. The company develops software applications designed to process, analyze, and extract data from various document types.

The organization's primary technical focus includes handwriting recognition systems, optical character recognition technology, document classification algorithms, and automated data extraction processes. These technologies are implemented across multiple sectors where document processing efficiency is critical to operations.

Parascript's client industries include financial institutions that process checks and forms, healthcare providers managing patient records, government agencies handling public documentation, and logistics companies dealing with shipping manifests. Their systems analyze both machine-printed text and handwritten content from diverse document formats.

With approximately 58 employees, Parascript generates an estimated annual revenue of $10 million through its software development and implementation services for automated document processing.

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

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