Truist Bank recently made headlines after filing a notice of data breach with the Attorney General of Massachusetts on June 11, 2024. The bank reported that an unauthorized party had gained access to their computer network, potentially compromising sensitive information of consumers. This includes details such as names, dates of birth, financial account numbers, loan transaction amounts, and loan balances.
Following the discovery of the breach, Truist Bank took immediate action by securing their network, informing law enforcement, and collaborating with third-party data security experts to investigate the incident further. The investigation revealed that on October 27, 2023, an unauthorized party managed to access a small number of employee accounts, resulting in the exposure of certain clients’ information.
Affected individuals were promptly notified of the breach through data breach notification letters sent out by Truist Bank. These letters aim to inform victims about the specific information that was compromised and provide guidance on next steps to take in protecting themselves from potential fraud or identity theft.
If you have received a notification letter from Truist Bank regarding the data breach, it is crucial to understand the risks involved and take necessary precautions to safeguard your personal information. Seeking advice from a data breach lawyer can help you understand your legal options in the aftermath of such an incident.
Truist Bank, headquartered in Charlotte, North Carolina, is a reputable financial institution under the ownership of Truist Financial Corporation. The corporation was established in 2019 following the merger of BB&T and SunTrust Bank. With a widespread presence across 15 states and Washington, D.C., Truist Bank operates over 2,700 branches and employs more than 49,000 individuals. The bank generates an estimated annual revenue of $23.4 billion.
As more details about the Truist Bank data breach unfold, affected individuals are encouraged to stay informed and proactive in protecting their personal and financial information. Stay tuned for updates on this developing story as authorities continue to investigate the breach and its implications.
