Ally Data Breach Leads to Lawsuits: Customer Data Exposed
Ally, a leading online financial services company, is currently facing two class-action lawsuits following a significant data breach that may have exposed sensitive customer information. The breach, linked to a vendor’s compromised systems, potentially impacted millions—possibly even billions—of personal data items, including Social Security numbers. Some affected customers are already reporting fraudulent activity, such as unauthorized loans damaging their credit.
Here’s what happened:
* Ally discovered the breach in April 2024 and notified affected customers in May.
* The exposed data includes Social Security numbers, birth dates, and auto account numbers.
* Legal action is underway, alleging that Ally failed to protect personal information adequately, putting customers at risk.
What You Can Do:
* Check Your Credit Reports: Review for any suspicious activity.
* Place a Fraud Alert or Freeze Your Credit: Prevent criminals from using your information for fraudulent loans.
* Change Your Passwords: Secure all accounts, especially financial ones.
* Sign Up for Identity Theft Protection: Ally has offered affected customers services through Sontiq.
Full Article Link: https://www.cnet.com/personal-finance/identity-theft/ally-bank-may-have-compromised-your-personal-data-in-an-april-data-breach/
#DataBreach #CyberSecurity #IdentityProtection #AllyBank
Here’s what happened:
* Ally discovered the breach in April 2024 and notified affected customers in May.
* The exposed data includes Social Security numbers, birth dates, and auto account numbers.
* Legal action is underway, alleging that Ally failed to protect personal information adequately, putting customers at risk.
What You Can Do:
* Check Your Credit Reports: Review for any suspicious activity.
* Place a Fraud Alert or Freeze Your Credit: Prevent criminals from using your information for fraudulent loans.
* Change Your Passwords: Secure all accounts, especially financial ones.
* Sign Up for Identity Theft Protection: Ally has offered affected customers services through Sontiq.
The Ally data breach is a stark reminder of the importance of robust cybersecurity practices and vendor risk management. With sensitive data increasingly at risk, financial institutions must prioritize comprehensive security measures. For professionals in cybersecurity, understanding data protection and risk management is essential to prevent breaches and safeguard customer trust. For more details and ongoing updates, visit Ally's official communication or the provided identity protection service.
Strengthen your skills in cybersecurity and risk management to protect against data breaches like Ally’s. The AKYLADE Cyber Risk Management Foundation (A/CRMF) certification provides practical knowledge and skills to help professionals manage data security, vendor risks, and incident response effectively. Enhance your expertise and lead the way in safeguarding critical information. Learn more at AKYLADE.
Full Article Link: https://www.cnet.com/personal-finance/identity-theft/ally-bank-may-have-compromised-your-personal-data-in-an-april-data-breach/
#DataBreach #CyberSecurity #IdentityProtection #AllyBank
Topic Participants
Alyson Laderman