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Massive data breach exposes over 3 million Americans’ personal information to cybercriminals [Video]

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Small Business Funding

A debt collection enterprise called Financial Business and Consumer Solutions (FBCS) has been impacted by a massive data breach that affects millions of Americans. FBCS is a debt collection agency that specializes in recovering charged-off consumer and commercial debts, such as car loans, health care bills, utility bills, student loans and credit cards.

The initial tally of those affected was around 1.9 million, which the company raised to 3 million in June 2024. The data breach leaked a treasure trove of consumer data, including full name, Social Security number (SSN), date of birth, and driver’s license number or ID card. The company has informed affected individuals as well as concerned authorities.

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What happened?

According to a data breach notification sample the firm shared with the authorities, threat actors accessed FBCS’ systems on Valentine’s Day, but the …

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