Debt Collector Sued Over Breach Affecting Two Million People

May 3, 2024, 3:48 PM UTC

Financial Business & Consumer Solutions Inc. failed to protect the personal information of nearly two million people that was exposed in a February data breach, a proposed federal class action said.

Marc Reichbart alleged that FBCS, a debt-collection agency located in Hatboro, Pa., breached its duty under the Federal Trade Commission Act and common law to protect sensitive information, and failed to implement adequate data-security policies or comply with industry standards.

Information exposed in the breach included names, Social Security numbers, dates of birth, and financial-account information provided by its clients, according to a complaint filed Thursday in the US ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.