Posted On January 30, 2025 Consumer Privacy & Data Breaches
January 30 – The HealthEquity data breach lawyers at Console & Associates, P.C are investigating the data breach that was reported after the company was targeted in a recent cyber security attack. The HealthEquity data breach resulted in unauthorized access to consumers’ names and protected health information, including claims information associated with affected accounts.
According to the filing with the Massachusetts Attorney General’s office, HealthEquity reported a data breach after detecting suspicious activity within certain customer accounts. The investigation revealed that malicious actors had obtained sufficient personal information to bypass the identity verification process and gain unauthorized access to these accounts. Importantly, the investigation confirmed that the unauthorized party did not obtain this information directly from HealthEquity’s systems.
On December 18, 2024, HealthEquity sent out data breach letters to all individuals whose information was compromised in this security incident. These notifications detail the specific types of personal information that may have been exposed for each affected individual.
HealthEquity operates as a specialized financial services provider based in Draper, Utah. The company’s primary focus is the administration of health savings accounts (HSAs) and other consumer-directed benefits, including flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and commuter benefits. With approximately 3,126 employees, HealthEquity serves as a third-party administrator for various employer-sponsored plans and generates annual revenue of approximately $1.1 billion. The company facilitates health savings and benefits management for individuals, employers, and healthcare providers across the United States.
Our data breach lawyers are eager to speak to victims of the HealthEquity 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 HealthEquity 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.
