Webster Bank Reports Third-Party Data Breach at Guardian Analytics, Inc.

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On April 10, 2023, Webster Bank filed a notice of data breach with the Maine Attorney General after learning of a third-party data breach at Guardian Analytics, Inc., one of Webster Bank’s vendors. Based on the company’s official filing, the incident resulted in an unauthorized party gaining access to consumers’ names, Social Security numbers and financial account information. After confirming that consumer data was leaked, Webster Bank began sending out data breach notification letters to all individuals who were impacted by the recent data security incident.

If you received a data breach notification from either Guardian Analytics, Inc. or Webster Bank, it is essential you understand what is at risk and what you can do about it. As we’ve mentioned in other posts, consumers place tremendous trust in financial institutions. At the same time, these companies are often the target of cyberattacks because they maintain a wealth of highly sensitive information that can easily be used by hackers to commit all types of fraud. To learn more about how to protect yourself from becoming a victim of fraud or identity theft and what your legal options are in the wake of the Webster Bank data breach, contact a data breach lawyer for immediate assistance.

What We Know So Far About the Webster Bank Breach

News of the Webster Bank data breach is still fresh; however, what we know at this point comes from the company’s filing with the Maine Attorney General. According to this source, on January 26, 2023, Webster Bank learned that one of the company’s vendors, Guardian Analytics, Inc., experienced a data security incident that may have affected Webster Bank customers. In response, Guardian launched an investigation into the incident in hopes of learning more about the causes of the breach and what, if any, consumer data was leaked.

The Guardian investigation confirmed that an unauthorized party was able to access its computer system between November 27, 2022 and January 22, 2023. Webster Bank later learned that some of the files that were accessible to the unauthorized actor contained confidential information belonging to certain bank clients.

Upon discovering that sensitive consumer data was made available to an unauthorized party, Webster Bank began to review the affected files to determine what information was compromised and which consumers were impacted. While the breached information varies depending on the individual, it may include your name, Social Security number and financial account information.

On April 10, 2023, Webster Bank sent out data breach letters to all individuals whose information was compromised as a result of the recent data security incident.

More Information About Webster Bank

Webster Bank is a regional bank located in Stamford, Connecticut. Webster Bank offers the traditional complement of financial services to individual and corporate clients, including checking accounts, savings accounts, credit cards and various loan products. Webster Bank operates 177 branches throughout Connecticut; Massachusetts; Rhode Island; and Westchester County, New York. Webster Bank is owned by the larger financial services company, Webster Financial Corporation. Webster Financial Corporation is publicly traded on the New York Stock Exchange under the ticker symbol “WBS.” Webster Bank employs more than 4,065 people and generates approximately $2.5 billion 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.

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