Healthfund Solutions Files Formal Notice of Data Breach

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On November 1, 2024, Healthfund Solutions filed a notice of data breach with the Attorney General of Vermont after discovering that an unauthorized party gained access to an employee email account. In this notice, Healthfund Solutions explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information. Upon completing its investigation, Healthfund Solutions began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you received a data breach notification from Healthfund Solutions, it is essential you understand what is at risk and what you can do about it. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Healthfund Solutions data breach. For more information, please see our recent piece on the topic here.

What Caused the Healthfund Solutions Data Breach?

The Healthfund Solutions data breach was only recently announced, and more information is expected in the near future. However, Healthfund Solutions’ filing with the Attorney General of Vermont provides some important information on what led up to the breach. According to this source, on August 14, 2024, Healthfund Solutions learned that an unauthorized individual gained access to an employee email account.

In response, Healthfund Solutions secured its network and then launched an investigation with the help of third-party cybersecurity experts. On October 4, 2024, Healthfund Solutions confirmed that an unauthorized party accessed its network on August 14, 2024, including files containing confidential consumer information.

After learning that sensitive consumer data was accessible to an unauthorized party, Healthfund Solutions reviewed the compromised files to determine what information was leaked and which consumers were impacted. Healthfund Solutions recently completed this process.

On November 1, 2024, Healthfund Solutions sent out personalized data breach letters to anyone who was affected by the recent data security incident. While the publicly available data breach letter on the Attorney General of Vermont’s website doesn’t mention the specific data types that were leaked, the personalized data breach letters that were recently sent out should provide victims with a list of what information belonging to them was compromised.

More Information About Healthfund Solutions

Healthfund Solutions is a healthcare funding company based out of Alva, Florida. Healthfund Solutions offers temporary funding assistance for patients who do not qualify for Medicaid, Medicare or disability insurance. Healthfund Solutions employs more than 69 people and generates approximately $15 million in annual revenue.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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