On February 5, 2024, financial services company State Street filed a notice of data breach with the Attorney General of Massachusetts after discovering unauthorized access to confidential information held by the company. The breach exposed sensitive information of consumers, including names, Social Security numbers, financial account details, and driver’s license numbers.
State Street initiated an investigation into the incident and subsequently began sending out data breach notification letters to all individuals affected by the breach. The company reviewed compromised files to identify the leaked information and impacted consumers. Data breach notification letters were issued on February 5, 2024, providing affected individuals with details of the compromised information.
While State Street reported the data breach, it is unclear whether the leaked information was accessed through the company’s computer systems or a third-party vendor. The investigation into the breach is ongoing, and more information is expected to be disclosed in the near future.
Affected individuals are advised to take necessary precautions to safeguard their information and protect themselves from potential fraud or identity theft. Seeking guidance from a data breach lawyer can help individuals understand their legal options following the State Street data breach.
State Street, headquartered in Boston, Massachusetts, is a prominent financial asset management company managing a significant portion of the world’s assets. The company operates globally with multiple locations and is publicly traded on the New York Stock Exchange under the symbol “STT.” Employing over 42,000 individuals, State Street generates approximately $12 billion in annual revenue.
