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Posted On March 20, 2025 Consumer Privacy & Data Breaches

Parascript Data Breach Investigation

March 20 – The Parascript 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 Parascript data breach resulted in the unauthorized access of names and Social Security numbers of certain individuals being compromised.

What Happened As A Result Of The Parascript Data Breach?

According to the Massachusetts Attorney General’s Office, Parascript reported a data breach after they were targeted in a recent ransomware attack.

The security incident first came to light on August 16, 2024, when the technology company detected suspicious activity within their computer systems showing patterns consistent with ransomware. Upon discovery, Parascript implemented containment protocols to limit the damage and promptly notified federal law enforcement authorities of the breach.

Following these initial response measures, the company launched a comprehensive investigation with assistance from external cybersecurity specialists. This investigation revealed that unauthorized parties had gained access to portions of Parascript’s IT infrastructure between July 29, 2024, and August 16, 2024—a period of approximately two and a half weeks. During this time, the attackers accessed files containing confidential personal information.

After confirming the unauthorized access, Parascript conducted a detailed review of the compromised systems to identify the specific data that had been exposed and determine which individuals were affected. The sensitive information involved in this breach varies by individual but primarily includes names and Social Security numbers—both critical identifiers that could potentially be used for identity theft or financial fraud.

On March 18, 2025, Parascript sent out data breach letters to those individuals whose information was affected by the breach.

About Parascript

Data Breach AlertParascript, LLC operates as a technology company that specializes in document automation solutions powered by artificial intelligence systems. Based in Longmont, Colorado, the company develops software applications focused on data extraction, document classification, and handwriting recognition technology.

The organization creates systems that analyze various document types to automatically identify, extract, and process information contained within them. Their technology is utilized across multiple sectors including financial services, healthcare providers, government agencies, and logistics companies where document processing efficiency is critical to operations.

Parascript’s systems are designed to interpret both machine-printed text and handwritten content from forms, documents, and correspondence. With approximately 58 employees, the company generates an estimated annual revenue of $10 million through its software solutions and related services for automated document processing applications.

How Can We Help You With A Parascript Data Breach Lawsuit?

Our data breach lawyers are eager to speak to victims of the Parascript 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 Parascript 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.

NOTICE: If you received a NOTICE OF DATA BREACH letter from Parascript, contact the attorneys at Console & Associates at (866) 778-5500 to discuss your legal options, or submit a confidential Case Evaluation form here.