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In this age of technology, amidst a world of encroaching cybersecurity threats, your personal information is more vulnerable than ever. Cafferty Clobes Meriwether & Sprengel has the experience and expertise litigating data breach matters, providing compensation to victims of data breaches, and requiring businesses to enhance their data security practices to protect their consumers. If you think your information may have been compromised in a data breach, please call us at 312.782.4880 or reach us via email at lnichols@caffertyclobes.com.
Recently, V12 Software, Inc. experienced a data security incident that breached highly sensitive personal information belonging to current and former customers of many car dealerships. They recently began notifying impacted individuals via mail.
V12 Software, Inc. is a company that provides technology services to many car dealerships nationwide. This means if you recently purchased a vehicle from a car dealership, your information may be at risk.
V12 Software, Inc. has disclosed that more than 285,000 people’s highly sensitive information was breached. Information accessed within the breach includes the impacted individual’s first and last name, Social Security Number, and driver’s license number.
V12 Software, Inc.’s recent data breach is a serious matter that could inflict far-reaching consequences for those affected. The exposure of personally identifiable information, especially names and Social Security numbers, poses a significant risk of identity theft, such as criminals opening financial accounts, taking out loans, filing fraudulent tax returns, and obtaining government services in the victim’s name. Personally identifiable information can also be exposed on the Dark Web, which poses a serious threat toward the privacy and safety of many individuals. According to a recent FTC survey, the total cost of identity theft is nearly $50 billion per year, with victims losing an average of nearly $5,000 from the misuse of their personal and financial information. The exposure of protected medical information can pose an even greater danger of identity theft—such as obtaining medical services in the victim’s name, which will be charged to the victim.
Current and former customers of many car dealerships, you have been exposed to a heightened risk of fraud and identity theft and must now closely monitor your financial accounts. You could be at risk of incurring additional out-of-pocket costs for purchasing credit monitoring services, credit freezes, credit reports, or other protective measures to deter and detect identity theft.
Cafferty Clobes Meriwether & Sprengel has the experience and expertise litigating data breach matters, providing compensation to victims of data breaches, and requiring businesses to enhance their data security practices to protect their consumers. If you suspect your sensitive personal information may have been compromised in the V12 Software, Inc. data breach, you must take action to protect both your personal and financial well-being. Please call us at 312.782.4880 or reach us via email at lnichols@caffertyclobes.com.
March 22, 2024Share on Social Media
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