Regal Rexnord Corporation notified the Massachusetts Attorney General of a data breach in September 2023, revealing that unauthorized access had been gained to consumer-provided information. This breach exposed sensitive data to an unauthorized party, prompting the company to take immediate action. Regal Rexnord has since initiated the process of notifying affected individuals regarding the security incident.
Receiving a notification from Regal Rexnord Corporation regarding the data breach warrants a thorough understanding of the potential risks and necessary actions. Companies bear a legal obligation to safeguard the confidential data they hold. Negligence on their part can lead to heightened risks of identity theft and other fraudulent activities for consumers. In such cases, legal recourse through data breach lawsuits might be applicable. Seeking counsel from a data breach lawyer can provide valuable insights into protecting oneself and exploring legal options following the Regal Rexnord data breach. For detailed information on this topic, please refer to our recent article.
The recent disclosure of the Regal Rexnord data breach lacks an official notice on the company’s website, leaving much information yet to be revealed. However, details from the company’s submission to the Massachusetts Attorney General shed light on the circumstances leading to the breach.
Regal Rexnord became aware of a potential data security incident and subsequently initiated an internal investigation to ascertain the incident’s nature and extent. The investigation ultimately confirmed that an unauthorized party had accessed confidential data entrusted to the company. Upon discovering the breach, Regal Rexnord promptly reviewed the compromised files to determine the specific data exposed and identify the affected consumers.
In September 2023, the company initiated the distribution of data breach notification letters to all individuals impacted by the security incident. While the publicly available version of these letters lacks specific details regarding the types of compromised data, the individualized notifications sent to affected parties will contain a comprehensive list of the compromised information.
Regal Rexnord Corporation, headquartered in Beloit, Wisconsin, is an industrial machinery and equipment manufacturer formed as a result of the merger between Regal Beloit Corporation and Rexnord Corporation in 2021. Specializing in the production of electric motors and power transmission components, the company operates manufacturing facilities in the United States, Canada, Mexico, Europe, and Asia. Regal Rexnord employs over 36,000 individuals and generates an annual revenue of approximately $7.1 billion.
