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Payday lender Cash Express reports data breach affecting 100,000 customers

Sumary of Payday lender Cash Express reports data breach affecting 100,000 customers:

  • Richard Console, a personal injury lawyer, said in a legal blog that the most common damage of data breaches is hackers using people personal information to open new credit cards or personal loans.
  • The company, which provides payday loans, check cashing, title loans and other high-cost, short-term loan services, said in a letter to affected individuals that an unauthorized party obtained their personal information, including birthdates, Social Security numbers, financial information and contact information, earlier this year.
  • In its letter to the affected individuals, Cash Express said it hired a third-party data security compact to conduct an investigation after detecting unusual activity on its company network on Feb.
  • 4, and reported the activity to the Montana attorney general and affected individuals September 15.

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