Posted On March 27, 2025 Consumer Privacy & Data Breaches
March 27 – The IOU Financial 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 IOU Financial data breach resulted in the exposure of names, Social Security numbers, driver’s license numbers, government-issued ID numbers, and financial information of certain individuals being compromised.
According to the Attorney General of Texas filing, IOU Financial reported a data breach after they were targeted in a recent cyber security attack. The company completed an investigation that confirmed unauthorized access to confidential consumer information, though specific details about the nature of the attack have not been publicly disclosed.
On March 26, 2025, IOU Financial sent out data breach letters to those individuals whose information was affected by the breach.
IOU Central Inc., which operates under the name IOU Financial Inc., is a financial technology company specializing in small business lending. The company maintains its corporate headquarters in Montreal, Quebec, while its U.S. operations are based in Kennesaw, Georgia. IOU Financial utilizes an online lending platform to provide financing solutions for small businesses across the United States. Their business model focuses on delivering capital to address working capital requirements for their commercial clients. With approximately 66 employees, the organization generates an estimated annual revenue of $12 million. IOU Financial positions itself within the alternative lending sector, offering business funding options outside of traditional banking channels.
Our data breach lawyers are eager to speak to victims of the IOU Financial 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 IOU Financial 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.
Notifications