Blog Directory | Data Breach Class Actions

Prudential Financial Data Breach Class Action Investigation

Written by Console & Associates P.C. | Jan 7, 2025 6:24:26 PM

At Console & Associates, our data breach lawyers are closely examining the recent Prudential Financial data breach. This data breach was disclosed following unauthorized access to annuity customer information at Prudential Financial, potentially exposing sensitive personal identifiable information.

 

What Happened?

A recent report from the Massachusetts Attorney General's office states that the Prudential Financial data breach occurred due to a cyber security incident that allowed unauthorized access to customer information. The company has identified and remediated the source of the unauthorized access, though specific details about the nature of the incident have not been disclosed. The compromised information includes:

  • Names
  • Addresses
  • Dates of birth
  • Last four digits of Social Security numbers
  • Annuity product details and related information
  • Policy and account numbers

Data breach letters were sent out by Prudential Financial recently, informing affected individuals about the nature of the incident and the specific types of data that may have been compromised in their case.

 

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 Prudential Financial data breach
    1. Be wary of unexpected emails or messages claiming to be from Prudential Financial
    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.

 

Prudential Financial Overview

Prudential Financial operates as a multinational financial services corporation based in Newark, New Jersey. The organization maintains a significant global presence across 40 countries, providing a range of financial products including life insurance, retirement services, and investment management solutions. With operations spanning multiple continents, Prudential Financial employs approximately 41,000 people and generates annual revenue of $73 billion through its services to both individual and institutional clients.

 

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

How do you know that you were affected by the Prudential Financial 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.