On February 5, 2024, State Street filed a data breach notification with the Massachusetts Attorney General after discovering that an unauthorized person had access to confidential information held by the company. In the notice, State Street explained that this incident allowed unauthorized parties to access sensitive information such as consumers' names, social security numbers, financial account information, and driver's license numbers. ing. Once the investigation was complete, State Street began sending data breach notification letters to all individuals whose information was affected by the recent data security incident.
If you receive a data breach notification from State Street, it's important to understand what is at risk and what you can do about it. Our data breach attorneys can help you learn more about how to protect yourself from becoming a victim of fraud and identity theft, and discuss your legal options after a State Street data breach. For more information, see our recent article on this topic. here.
What caused the State Street data breach?
The State Street data breach was only recently announced, and more information is expected to be released in the near future. For now, State Street's filing with the Massachusetts Attorney General's Office is the only source of information, providing little information about what led to the breach. According to this source, State His Street reported his security incident to his data with the Massachusetts Attorney General on February 5, 2024.
Although State Street is the reporting authority, we cannot confirm whether the leaked information was accessed through State Street's computer systems. The incident may have involved unauthorized access to one of State Street's third-party vendors.
In either case, after learning that sensitive consumer data was accessible to unauthorized parties, State Street investigated the compromised files and determined what information was exposed and which consumers were affected. I have determined whether I received it. Compromised information varies by individual, but may include names, social security numbers, financial account information, driver's license numbers, and more.
On February 5, 2024, State Street sent a data breach letter to everyone affected by a recent data security incident. These letters should provide victims with a list of what information in their possession was compromised.
More information about State Street
State Street is a financial services company located in Boston, Massachusetts. State Street is a bank and financial asset management company that manages approximately 10 percent of the world's assets. State Street operates 21 locations in the United States and dozens of locations in other parts of the world. State Street is traded on the New York Stock Exchange under the symbol “STT.” State Street employs more than 42,000 people and generates annual revenues of approximately $12 billion.