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New York Business Council Data Breach Impacts 47,000

NY Business Council Data Breach: 47,000 Individuals’ Personal Data Exposed

The Business Council of New York State (BCNYS) has confirmed a significant data security incident that compromised the sensitive personal information of nearly 47,000 individuals. This breach highlights the persistent and evolving threats organizations face in protecting confidential data.

According to official notifications, the organization discovered unauthorized access to its network environment. A subsequent investigation revealed that an unknown actor had gained access to certain files between May 28, 2023, and June 2, 2023. The compromised information is highly sensitive, creating a substantial risk for those affected.

What Information Was Compromised?

The investigation confirmed that the stolen data includes critical personal identifiers that are highly sought after by cybercriminals. For the affected individuals, the breach exposed a combination of the following:

  • Full Names
  • Social Security Numbers
  • Driver’s License Numbers or State Identification Card Numbers

The exposure of this specific data set is particularly concerning. With this information, malicious actors can engage in sophisticated identity theft, apply for credit in a victim’s name, file fraudulent tax returns, and commit other forms of financial fraud.

The Timeline and Response

While the breach occurred in late May and early June 2023, the full scope was determined after a lengthy and detailed investigation. BCNYS began notifying affected individuals in December 2023, providing them with information about the incident and guidance on how to protect themselves.

In response to the breach, The Business Council of New York State is offering complimentary credit monitoring and identity theft protection services to all individuals whose information was compromised. This is a critical first step that everyone impacted should take advantage of immediately.

Steps to Take Immediately to Protect Your Identity

If you believe you may have been affected by this data breach, or any similar incident, it is crucial to act quickly to secure your personal and financial information.

  1. Enroll in the Offered Credit Monitoring: If you receive a notification letter, sign up for the free credit monitoring and identity protection services being offered. These services are designed to alert you to suspicious activity on your credit files.

  2. Place a Fraud Alert or Credit Freeze: Contact one of the three major credit bureaus (Equifax, Experian, or TransUnion) to place a fraud alert on your file. For even stronger protection, consider a credit freeze, which restricts access to your credit report and makes it much more difficult for criminals to open new accounts in your name.

  3. Monitor Your Financial Accounts: Regularly review your bank statements, credit card statements, and any other financial accounts for transactions you do not recognize. Report any suspicious activity to your financial institution immediately.

  4. Be Vigilant Against Phishing Scams: Cybercriminals often use stolen data to create highly convincing phishing emails, text messages, or phone calls. Be skeptical of any unsolicited communication that asks for personal information, login credentials, or financial details. Never click on suspicious links or download unexpected attachments.

  5. Review Your Social Security Administration Earnings: Check your Social Security Administration earnings statement to ensure no one is fraudulently using your SSN for employment. This can be done for free by creating an account on the official SSA website.

This incident serves as a stark reminder that no organization is immune to cyber threats. Proactive personal security measures are the best defense against the growing risk of identity theft and fraud in the wake of a data breach.

Source: https://www.bleepingcomputer.com/news/security/business-council-of-new-york-state-discloses-data-breach-affecting-47-000-people/

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