Posted On February 6, 2025 Consumer Privacy & Data Breaches
February 6 – The Bankers Cooperative Group data breach lawyers at Console & Associates, P.C are investigating the data breach that was reported after the company discovered unauthorized access to an employee email account. The Bankers Cooperative Group data breach has impacted employees across 21 different companies, with the specific types of compromised data still to be disclosed to affected individuals through personalized notification letters.
According to Bankers Cooperative Group’s filing with the U.S. Department of Health and Human Services Office for Civil Rights (HHS-OCR) and a HIPAA Journal article, suspicious activity was detected within an employee’s email account on August 13, 2024. The company took immediate action by disabling the affected account and launching an investigation. By August 28, 2024, the investigation confirmed unauthorized access to emails containing confidential employee information from various organizations.
Following a comprehensive review completed on November 15, 2024, Bankers Cooperative Group began notifying affected employers on December 13, 2024. The breach impacted employees from 21 companies, including:
On January 14, 2025, Bankers Cooperative Group officially filed their notice of data breach with the HHS-OCR, and began the process of sending out individual data breach notification letters to all affected employees.
Bankers Cooperative Group, Inc. operates as a professional services organization based in Glen Rock, New Jersey. The company specializes in providing insurance products and risk management solutions specifically designed for banks and financial institutions. With approximately 35 employees and annual revenue of $7 million, Bankers Cooperative Group offers various insurance coverage options including property and casualty, liability, and employee benefits packages. Their client base primarily consists of financial institutions seeking specialized insurance solutions for their specific industry needs.
Our data breach lawyers are eager to speak to victims of the Bankers Cooperative Group 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 Bankers Cooperative Group 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.
