Posted On January 6, 2025 Consumer Privacy & Data Breaches
January 6 – The Bank of America data breach lawyers at Console & Associates, P.C are investigating the data breach that was reported after the company discovered unauthorized access to a third-party vendor’s systems. The Bank of America data breach resulted in the exposure of sensitive personal information, including names, addresses, passport numbers, phone numbers, Social Security numbers, and loan numbers of affected customers.
According to the filing with the Massachusetts Attorney General’s office, Bank of America confirmed a data security incident after a third-party vendor reported unauthorized access to their systems on October 1, 2024. Upon investigation, Bank of America determined that an unauthorized party had gained access to sensitive loan customer information through the vendor’s compromised systems. While Bank of America’s own systems remained unaffected, the breach exposed confidential customer data stored in the third-party provider’s software.
Following a thorough review of the incident, Bank of America has begun notifying affected individuals through data breach notification letters, detailing the specific information that may have been compromised in this security incident.
Bank of America operates as a multinational financial institution headquartered in Charlotte, North Carolina. The company maintains operations across 35 countries, delivering banking services, investment products, and financial solutions to individual consumers, businesses, and corporations. With a workforce of approximately 215,000 employees, Bank of America generates annual revenue of around $94 billion. Their service portfolio encompasses consumer banking, commercial banking, wealth management, investment banking, and global markets operations.
Our data breach lawyers are eager to speak to victims of the Bank of America data breach to determine what damages they sustained and what compensation may be available to them. If you recently received a NOTICE OF DATA BREACH from Bank of America and would like a free consultation, contact the Console & Associates, P.C. law firm at (866) 778-5500 to discuss your legal options, or submit a confidential contact form.
