On November 18, 2024, iLearningEngines, Inc. filed a notice with the Securities and Exchange Commission (“SEC”) after discovering that an unauthorized party was able to access the company’s computer network. In this notice, iLearningEngines explains that the hackers accessed certain files on iLearningEngines’ computer network, intercepted a wire transfer for $250,000, and deleted certain emails. According to the SEC filing, iLearningEngines is in the process of investigating the incident. If iLearningEngines’ investigation confirms that confidential consumer information was subject to unauthorized access, the company will be required to send out data breach notification letters to all individuals whose information was affected.
If you receive a data breach notification from iLearningEngines, Inc., 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 a possible iLearningEngines data breach. For more information, please see our recent piece on the topic here.
Was There a Data Breach at iLearningEngines?
iLearningEngines only recently announced that it experienced a cyberattack. Thus, it’s too soon to tell whether there was an iLearningEngines data breach because the company is still investigating the attack. However, iLearningEngines’ filing with the Securities and Exchange Commission provides some important information on what led up to the incident.
According to this source, iLearningEngines recently became aware of a data security incident in which an unauthorized party accessed certain files stored on the company’s IT network. Evidently, in addition to accessing files, the hackers also intercepted a wire transfer in the amount of $250,000 and deleted a number of emails.
Once iLearningEngines learned about the incident, it took steps to contain it and eliminate all unauthorized access. Then, iLearningEngines began an investigation with outside computer forensic experts to learn more about the scope of the attack and what, if any, information was compromised. This investigation is ongoing.
On November 18, 2024, iLearningEngines filed notice of the incident with the SEC. Additionally, if iLearningEngines confirms that an unauthorized party was able to access files containing confidential consumer information, iLearningEngines will be required to send a data breach letter to anyone whose information was compromised.
More Information About iLearningEngines, Inc.
Founded in 2010, iLearningEngines, Inc. is a software company based out of Marina del Rey, California. iLearningEngines created a cloud-based AI-driven platform designed to increase automation, personalize customer/employee interactions, and facilitate data-driven decision-making. iLearningEngines serves over 1,000 enterprise end clients, with more than four million licensed end users. iLearningEngines employs more than EMP people and generates approximately $360 million in annual revenue.
