LA Financial Federal Credit Union Data Breach Investigation
The data breach lawyers at The Lyon Firm are reviewing new claims from California plaintiffs regarding the data theft incident reported at LA Financial Federal Credit Union. If you or a loved one has received a letter from the company regarding leaked personal data, contact our legal team to discuss your options moving forward.
It is important to understand the fraud and identity theft risks involved with data breach events, and to take certain actions to minimize your risks in the future. Call us for a free consultation and to consider joining a class action data breach lawsuit. We believe very strongly that any company that collects and stores your data has a duty to protect it with reasonably secure IT security. If they fail to keep your information safe from hackers, plaintiffs can seek compensation.
What Happened at LA Financial Federal Credit Union?
On November 27, 2024, LA Financial Federal Credit Union began sending out data breach notification letters to the California Attorney General and to individuals affected by the recent data security incident. More details are set to emerge regarding the specific information leaked, and individuals’ letters should discuss precisely what was compromised.
LA Financial is a financial institution operating out of Pasadena, California, and offers a wide range of financial services, including individual and business checking and savings accounts, home loans, personal loans, and credit cards. LA Financial operates in four physical locations in Pasadena, Norwalk, Lake Havasu, and Los Angeles.
An employee’s email account was allegedly subject to unauthorized access. According to sources, on June 10, 2024, LA Financial detected unusual activity and hired outside cybersecurity experts to investigate the incident. LA Financial concluded that an employee email had indeed been subject to unauthorized access, and that the email account contained confidential information belonging to many individuals. Contact our attorneys for a free case review.