Data Breach Summary
Slim CD, Inc., a leading processing gateway for electronic payments in the U.S. and Canada, has reported a data breach that may have impacted the personal information of approximately 1,693,000 individuals. While the company has no evidence that the affected information has been misused, it is taking steps to secure data and offer affected individuals the tools to protect themselves.
The breach, which affected credit card information, occurred over a period of unauthorized access between August 17, 2023, and June 15, 2024. The company has notified potentially impacted individuals and outlined steps to protect their data.
On June 15, 2024, Slim CD became aware of suspicious activity within its network. In response, the company launched an investigation, working with third-party cybersecurity specialists to determine the full scope of the breach. The investigation revealed that unauthorized actors may have gained access to certain credit card details, including card numbers and expiration dates, between June 14 and June 15, 2024.
To further protect affected individuals, Slim CD is offering complimentary credit monitoring services through Cyberscout, a TransUnion company. The service will provide alerts regarding any changes to affected customers’ credit reports for 12 months.
The compromised data could include:
Name
Address
Credit card number
Card expiration date
Slim CD has worked to identify the affected individuals and is in the process of notifying them.
While there is no evidence of fraud linked to the breach, we advise affected individuals to remain vigilant and take the following actions:
Monitor your accounts for any unusual or suspicious activity.
Place a fraud alert or credit freeze on your credit files to prevent unauthorized account openings.
Report any suspected misuse of your personal information to law enforcement and your financial institutions immediately.
Class Action U attorneys are currently investigating the data breach at Slim CD to determine if affected individuals are eligible for compensation. Those whose personal information was exposed may have legal grounds to join a class action lawsuit and seek restitution.
If your personal data was compromised, you could be entitled to compensation for:
Loss of privacy
Time spent addressing the breach
Out-of-pocket expenses
Emotional distress
Pursuing a successful class action lawsuit could not only secure compensation for you but may also encourage Slim CD to enhance its security measures to prevent future breaches. Contact Class Action U today to find out if you qualify for a data breach class action and to learn more about the potential compensation you may be entitled to.
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