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MV Financial experienced a network security incident in June 2025 that resulted in unauthorized access to certain personal information. Affected individuals are being offered 24 months of complimentary credit monitoring and identity protection services.
Who was affected:
Impacted Data:
First and last name
MV Financial recently disclosed a data security incident involving unauthorized access to certain personal information. The breach occurred in June 2025 and affected individuals whose information was maintained within MV Financial’s systems. Impacted individuals are now being notified and offered complimentary identity protection services.
On or around June 10, 2025, MV Financial experienced a network disruption and promptly initiated an investigation. The company engaged third-party cybersecurity specialists to help determine the nature and scope of the incident.
As part of the investigation, MV Financial learned that certain information within its systems was subject to unauthorized access or acquisition between June 8, 2025 and June 10, 2025. Upon discovering this, the company worked to identify and collect the data at risk and began a comprehensive review to determine what types of information may have been impacted, which individuals were affected, and to confirm current contact information.
On December 22, 2025, the review process was completed. MV Financial then moved forward with providing notification to affected individuals as quickly as possible.
Although MV Financial has stated that there is currently no evidence suggesting that personal information has been or will be misused, unauthorized access to sensitive data can create ongoing risks. Cybersecurity incidents involving financial services organizations are especially concerning because such companies often maintain sensitive identifying and financial information.
In response to the incident, MV Financial secured its systems and implemented additional technical safeguards to strengthen its security posture. These enhancements are intended to reduce the likelihood of similar events occurring in the future.
Even when there is no confirmed fraud, individuals whose data was accessed may face increased risks of identity theft, phishing attacks, or financial fraud. The burden of monitoring accounts and protecting personal information often falls on the individuals affected.
At Class Action U, we believe consumers deserve transparency and accountability when companies entrusted with sensitive information experience data breaches. Understanding your rights is a critical first step toward protecting yourself.
The unauthorized access occurred between June 8, 2025 and June 10, 2025.
The incident was identified on or around June 10, 2025, and the review of impacted data was completed on December 22, 2025.
The types of information contained within the potentially affected data may have included:
First and last name
Additional personal information (specific data elements were not fully detailed in the notice)
When names are exposed in combination with other identifying data, individuals may face an increased risk of identity theft or fraud.
If you received a notification from MV Financial, consider taking the following steps:
Enroll in the complimentary 24 months of credit monitoring and identity protection services being offered.
Review your bank statements, credit card transactions, and explanation of benefits forms for suspicious activity.
Obtain free credit reports from the major credit bureaus and monitor them regularly.
Consider placing a fraud alert or security freeze on your credit file.
Promptly report suspicious activity to your financial institution, local law enforcement, and your state Attorney General.
Remaining vigilant is essential, as identity theft can occur long after a data breach.
You may also wish to explore your legal options. Many individuals are unaware they may be eligible to join a class action lawsuit following a data breach.
If your personal information was exposed in the MV Financial data breach, you may be entitled to pursue compensation. Data breaches can result in financial losses, emotional distress, and the time-consuming process of monitoring and protecting your identity.
Class action lawsuits allow individuals impacted by the same incident to come together to seek accountability and potential financial recovery. You may be eligible for compensation related to out-of-pocket costs and the increased risk of identity theft.
Contact us at Class Action U, where we’ll connect you with a lawyer skilled in class action lawsuits. If you’ve been contacted about this breach, received notice, or discovered you were impacted, fill out our quick, easy, and secure form to sign up. There is no cost to reach out to our legal partner and no obligation after speaking with someone from our team.
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A data breach occurs when sensitive, confidential, or protected information is accessed, stolen, or disclosed without authorization. Data breaches often occur through phishing emails, malware, weak passwords, insider threats, or unsecured databases. Indicators of a data breach can include unexpected password resets, suspicious account activity, unauthorized transactions, or notifications from companies about compromised information.If you suspect your data has been compromised, you must take measures and act quickly. Change passwords, enable two-factor authentication, review your financial accounts for unusual activity and consider freezing your credit.
Once stolen, your personal information may be sold on the dark web or used for identity theft and financial fraud. In some cases, hackers use the data to extort companies or launch further attacks. Victims often face long-term risks, including damage to credit and privacy.
If you receive a data breach notification, don’t ignore it. Immediately change passwords for the affected account and any others that share credentials. Enroll in any free credit monitoring services offered and monitor financial statements closely.
To pursue a data breach claim, you’ll need documentation showing your information was compromised and proof of resulting harm, such as fraudulent charges, credit score damage, or identity theft reports. Notification letters, financial records, and communication with the breached company can help support your claim.
Yes. If a company fails to protect consumer data or delays notifying victims, it may be held liable under state and federal privacy laws. Many victims join class action lawsuits to recover financial losses and hold negligent organizations accountable.
Data breach settlements vary widely depending on the size of the breach, type of data compromised, and damages suffered by victims. Payouts may include cash compensation, identity theft protection, or reimbursement for losses. Many settlements range from a few hundred to several thousand dollars per person. A skilled data breach lawyer can guide victims through the complex legal process, ensuring their rights are protected. If you’ve received a data breach notification or believe your personal data was exposed, you may be eligible for compensation. Contact Class Action U to learn more about how to join a data breach lawsuit and understand the process of filing.
