Schneider Electric Data Breach Class Action

At Console & Associates, our data breach lawyers are closely examining the recent Schneider Electric data breach. This potential data breach was disclosed following a cybersecurity incident at Schneider Electric, which may have affected sensitive personal identifiable information, with hackers claiming to have acquired over 40GB of compressed data including over 400,000 rows of user data.

What Happened?

Recent reports from Cyber News indicate that Schneider Electric was targeted in a ransomware attack that resulted in unauthorized access to one of their internal project execution tracking platforms. The cybersecurity incident began in November when hackers claimed to have accessed sensitive company data, followed by the publication of allegedly stolen information on December 29th after the company reportedly refused to pay a ransom demand.

While Schneider Electric has confirmed the cybersecurity incident, they have not yet verified whether any confidential consumer or employee information was compromised. If such a determination is made, Schneider Electric will be required to notify affected individuals through data breach letters.

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 Schneider Electric data breach
   1. Be wary of unexpected emails or messages claiming to be from Schneider Electric
   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.

Schneider Electric Overview

Schneider Electric operates in the energy management and industrial automation sectors, with its headquarters in Rueil-Malmaison, France. Founded over 180 years ago, the company has evolved into a technological powerhouse, operating across more than 100 countries and driving innovation in sustainable energy solutions and digital transformation.

Their comprehensive business portfolio includes:

• Advanced Energy Management Systems
• Industrial Automation Solutions
• Smart Grid Technologies
• Digital Infrastructure Services
• Renewable Energy Integration
• Building Management Platforms
• Industrial IoT Applications
• Sustainability Consulting

With a workforce of approximately 19,000 employees in the United States alone and generating an annual revenue of $40 billion, Schneider Electric has established itself as a crucial partner for industries ranging from healthcare and manufacturing to data centers and energy distribution.

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

How do you know that you were affected by the Schneider Electric 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.