Data Breach Summary
Iconic Group, a confidential document handling entity, has reported a significant data breach involving the unintended dissemination of sensitive employee information through electronic communication. While there is no evidence of misuse, the exposed data could be used for identity theft. Affected individuals should take precautionary measures and may have legal options for compensation.
On September 23, 2025, Balfour & Co. discovered that one of its administrators inadvertently sent a batch of 2024 W-2 forms to a fraudulent, disguised email address. The incident appears to be part of a phishing or spoofing scheme. The company confirmed that this incident was not the result of a vulnerability in its computing systems.
Balfour has since notified law enforcement and tax authorities, including the Federal Bureau of Investigation (FBI) and the Internal Revenue Service (IRS), to address the incident. Additionally, the company has implemented enhanced training and safeguards to prevent a similar occurrence in the future.
Although no instances of identity theft or misuse have been reported, the sensitive nature of the information warrants caution. Balfour has arranged complimentary identity protection and credit monitoring services through Epiq, a national provider specializing in identity theft prevention and recovery.
The misdirected W-2 forms were sent on September 23, 2025. The company acted immediately upon discovery to notify authorities and affected individuals.
The following sensitive information was included on the misdirected W-2 forms:
This information is highly sensitive and could be exploited for identity theft, tax fraud, or other malicious activities.
If you were affected by this incident, take the following steps:
If you have received a data breach notification from Iconic Group, you may be eligible for compensation through a class action lawsuit. Data breaches can cause substantial personal and financial harm, and holding the responsible parties accountable is crucial to ensuring justice for those affected.
If you’re unsure whether you have a case, we highly recommend contacting Class Action U for a free consultation. We partner with top-notch legal representation to navigate this complex process. Joining a class action can amplify your voice and help ensure that data breaches like this are taken seriously by corporate entities.
If your data was compromised, you could be entitled to compensation for:
Loss of privacy
Time spent resolving the breach
Out-of-pocket expenses
Emotional distress
By pursuing a class action lawsuit, you not only have the opportunity to recover damages but also help hold Iconic Group, accountable potentially prompting them to strengthen their security measures. Reach out to Class Action U today to find out if you qualify for a data breach class action and learn more about the compensation you may be entitled to.