Data Breach Summary
Joseph Krar & Associates has confirmed a data breach after an unauthorized actor gained access to its systems in June 2024, exposing sensitive client information. The firm promptly responded by securing its network, launching an internal investigation, and notifying law enforcement and regulatory authorities, including a formal filing with the Massachusetts Attorney General.
While the company has not found evidence of misuse, they are notifying affected individuals and taking steps to help mitigate potential risks. Individuals associated with Joseph Krar & Associate, are advised to remain vigilant for any suspicious activity related to their personal information. Monitoring financial statements, changing passwords, and being cautious of phishing attempts are recommended steps to protect against potential misuse of compromised data. To learn more about how to protect yourself after such incidents, explore this resource on how to respond to a data breach incident and understand the steps you can take.
Joseph Krar & Associates has confirmed that an unauthorized actor gained access to its systems in June 2024, compromising personal data, including Social Security numbers. According to a statement from the company, the breach was detected on June 21, 2024, after technical issues were identified within its network.
Upon discovering the incident, the firm took immediate action to secure its systems and launched an investigation with the assistance of IT forensic specialists and legal counsel. The investigation revealed that the unauthorized access occurred between June 20 and June 21, 2024. A comprehensive data review determined on November 19, 2024, that certain personal information had been acquired by the unauthorized party.
In response, Joseph Krar & Associates reported the breach to law enforcement and regulatory authorities. To support those affected, the company is offering complimentary access to credit monitoring, credit reports, and credit score services for 18 months through Cyberscout, a TransUnion company specializing in fraud prevention. These services will alert individuals to any changes in their credit files and provide proactive fraud assistance.
The breached data may include personal information such as:
If you received a data breach notification from Joseph Krar & Associates, your personal information may have been compromised. While most victims are officially informed via a ‘‘notice of data breach” in the mail, the consequences—such as fraudulent transactions and identity theft—can begin long before you receive the notice.
Stay Alert for Phishing Scams
Scammers may try to take advantage of the data breach by posing as Joseph Krar & Associates. Be wary of unexpected emails, texts, or phone calls requesting personal information. When in doubt, verify any communication directly with the company through official channels.
Monitor Your Credit and Financial Accounts
Keep a close eye on your bank statements, credit card activity, and credit reports for any unauthorized transactions. Set up account alerts to catch suspicious activity early. Take advantage of free credit reports and review them carefully for unfamiliar accounts or discrepancies.
Consider Freezing Your Credit
For added protection, request a credit freeze from all three major credit bureaus. This prevents anyone from opening new accounts in your name while still allowing you to use your existing credit. If you need to apply for credit, you can temporarily lift the freeze when necessary.
Class Action U, in partnership with KO Lawyers, is supporting individuals impacted by the Joseph Krar & Associates data breach. If your information was exposed in this breach, you may be eligible to join a class action lawsuit.
Class action lawsuits allow individuals affected by large-scale data breaches like the Joseph Krar & Associates incident, to come together and pursue compensation collectively. These lawsuits can provide a more efficient and cost-effective way to hold companies accountable for failing to protect personal information. Learn how joining a class action lawsuit can potentially help you to seek compensation for:
A successful case could also compel Joseph Krar & Associates, to improve its security measures and prevent future breaches. Reach out to Class Action U today to determine your eligibility for a data breach class action lawsuit and the compensation that may be available to you.
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