Posted On November 25, 2024 Consumer Privacy & Data Breaches
November 25 – The Spring EQ 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’s email account. The incident resulted in the potential exposure of confidential consumer information, though the specific types of compromised data have not been publicly disclosed in the California Attorney General filing.
According to the California Attorney General’s office, Spring EQ discovered a security incident involving unauthorized access to an employee’s email account that occurred between July 31, 2024, and August 1, 2024. Upon discovery, the company immediately secured the compromised account and initiated an investigation. The investigation revealed that the affected email account contained sensitive consumer information in various emails and attachments. On November 21, 2024, Spring EQ began sending personalized data breach notification letters to affected individuals, detailing the specific information that may have been compromised in their individual cases.
Spring EQ is a Philadelphia-based mortgage lender that has been operating since 2016. The company provides nationwide lending services, specializing in various home equity products including fixed-rate HELOCs, variable-rate HELOCs, and home equity lines. With more than 120 employees, Spring EQ generates approximately $25 million in annual revenue through their lending operations.
Our data breach lawyers are eager to speak to victims of the Spring EQ 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 Spring EQ 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.
