CreditRiskMonitor suffers data breach following July 2024 cyberattack | Console and related, PC

On October 8, 2024, CreditRiskMonitor, Inc. (“CRMZ”) filed notices with the Securities & Exchange Commission and the Massachusetts Attorney General after discovering that information on the company’s computer network had been compromised by a unauthorized actor. In these notices, CRMZ explains that the incident allowed an unauthorized party to access sensitive consumer information, including their names and social security numbers. Once its investigation was completed, CRMZ began sending data breach notification letters to everyone whose information was affected by the recent data security incident.

If you have received a data breach notification from CreditRiskMonitor, Inc., it is essential that you understand what is at risk and what you can do about it. A data breach attorney can help you learn more about how to protect yourself from fraud or identity theft, as well as discuss your legal options following the CreditRiskMonitor data breach. For more information, please see our recent article on the subject here.

What caused the CreditRiskMonitor data breach?

The CreditRiskMonitor data breach was only recently announced and additional information is expected in the near future. However, CRMZ’s filing with the Securities & Exchange Commission provides important information about what led to the breach. According to this source, on July 19, 2024, CRMZ detected unauthorized access within its computer network. In response, CRMZ secured its systems, reported the matter to law enforcement, and then began working with external cybersecurity experts to investigate the incident and determine what, if any, information it had. the company could have been subject to unauthorized access.

Ultimately, this investigation concluded that files stored on the CRMZ computer network were accessible to an unauthorized actor between July 8, 2024 and July 17, 2024, including those containing confidential data belonging to certain individuals.

After learning that sensitive consumer data was being accessed by an unauthorized party, CreditRiskMonitor reviewed the compromised files to determine what information had been disclosed and which consumers were affected. Although the information disclosed varies between individuals, it may include your name and social security number.

On October 8, 2024, CreditRiskMonitor sent data breach letters to anyone affected by the recent data security incident. These letters should provide victims with a list of their information that has been compromised.

More information about CreditRiskMonitor, Inc.

CreditRiskMonitor, Inc. is a customer relations software company based in Valley Cottage, New York. CRMZ offers a range of services including credit solutions and supply chain solutions. CRMZ also publishes financial information on the web aimed at business credit professionals and purchasing professionals. Approximately 40 percent of Fortune 1000 companies rely on CRMZ products and services. CreditRiskMonitor employs more than 99 people and generates approximately $19 million in annual revenue.