BBS Financial Services Data Breach

On January 29, 2024, BBS (Bookkeeping and Business  Services) discovered a significant data breach involving the exfiltration of sensitive information from its network. The breach was the work of a sophisticated threat actor who demanded a ransom for the deletion of the stolen data. Upon learning of the incident, BBS engaged cybersecurity counsel and a forensic expert to conduct a thorough investigation and manage the situation.

The investigation revealed that the threat actor had gained access to part of BBS’s network, compromising various sensitive records. Working closely with law enforcement, BBS’s counsel and cybersecurity team confirmed the legitimacy of the threat and the reliability of the actor’s promises. After negotiations, BBS paid a ransom and subsequently obtained credible evidence from the threat actor confirming the destruction of all exfiltrated data.

In an effort to ensure the safety of the compromised data, BBS’s counsel and experts have continued to monitor the dark web. To date, they have found no indication of unauthorized disclosure of the stolen information. BBS also undertook an extensive review of the affected records to determine exactly what data was compromised and identify the individuals impacted.

What Information Was Involved?

The breach involved specific medical billing records that BBS had retained for some of its clients. The data potentially included the following types of information:

• Contact Information: Names and addresses of the individuals affected.
• Medical Information: Dates of visits and numerical billing codes associated with medical services.
• Health Insurance Details: Insurance carrier details, as well as group and plan numbers.
• Other Billing-Related Information: Additional data received from healthcare providers to support billing processes.

How to Know if You Were Affected

If you received a data breach notification from BBS, it likely means your information was affected. Class Action U has partnered with KO Lawyers, a nationally recognized class action law firm. If you have received a notice from BBS Financial Services, that your information has been compromised in a data breach, then you may be able to receive compensation. Contact us to get started today.