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Truist Bank Data Breach Investigation

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About the Truist Bank Data Breach

Truist Bank recently detected suspicious activity within its information network and, upon further investigation, determined that an unauthorized actor accessed certain Truist Bank network systems. It has since been confirmed that, during that period of access, certain private data was reviewed and/or removed from particular Truist Bank computer systems, and that private information of a large number of people was involved in this network hack. It is currently unknown how many individuals have had their information used for criminal purposes. What’s more, our experience tells us that the full impact of the Truist Bank data breach may not be known for months or even years. The organization has already started notifying individuals of the incident and may be sending out more notices as further information arises. The organization has also notified, at least, one state Attorney General so that the public can begin to protect itself.

If you got notice of this alarming data breach and/or transacted in any way with Truist Bank, your information may now be in the hands of cybercriminals, making your urgent attention to this situation very important.

How Data
Breaches Occur

Data breaches can happen in various ways. Here’s a general overview of common methods:

  1. Phishing Attacks: Cybercriminals use deceptive emails or messages to trick individuals into providing sensitive information like passwords or financial details.
  2. Malware: Malicious software, such as viruses or ransomware, can infiltrate systems and steal or encrypt data.
  3. Weak Passwords: Using easily guessable or outdated passwords can make it easier for hackers to gain unauthorized access.
  4. Unpatched Vulnerabilities: Failing to update software and systems can leave known security gaps that attackers can exploit.
  5. Insider Threats: Employees or contractors with access to sensitive data may intentionally or unintentionally compromise security.
  6. Social Engineering: Manipulating individuals into divulging confidential information or performing actions that compromise security.
  7. Data Theft: Physical theft of devices, such as laptops or external drives, can also lead to data breaches if the devices contain sensitive information.
 

WHAT SHOULD YOU DO?

If you’ve received notice of the breach or have interacted with Truist Bank, it’s important to act quickly:

  • Get a Free Consultation: Contact Cole & Van Note at (510) 891-9800 or email us at sec@colevannote.com for a confidential review of your rights and legal options. Timely action is critical for your compensation.

Protect
Your Information

If your financial or health data is accessible, they’ll steal it and then they’ll sell it. That’s where smart consumers like you—and law firms like ours—come in.

CONSIDER TAKING THE FOLLOWING STEPS

  1. Review Your Breach Notice: Keep a copy for your records.
  2. Enroll in Credit Monitoring: Take advantage of any free services offered.
  3. Update Passwords: Change passwords and security questions for online accounts.
  4. Monitor Accounts: Regularly check statements and credit reports for signs of fraud.
  5. Request a Fraud Alert: Contact credit bureaus to add a temporary alert to your credit file.

ABOUT OUR SERVICES:

  • No Upfront Fees: We only get paid if you receive compensation.
  • Proven Expertise: With over 30 years of experience, our track record speaks for itself.
  • Simplified Claims Process: We make it easy for you to submit your claim and get results.
  • Aggressive Advocacy: Our team is known for effective negotiation and advocacy.
  • Client-Centered Approach: We are always available to assist and support you through the process.
For more details and updates, visit our Data Breach Center. Additional resources include our Hacker Checker, the HIPAA Journal and the U.S. Department of Health and Human Services.