MJP –
A Utah-based fintech company had its systems compromised, exposing the bank data of millions of Americans.
Health Equity has reported that they have informed the Maine Attorney General’s Office about a security incident involving health savings accounts (HSAs).
As a consequence of the breach, almost 4.3 million of Health Equity’s customers had their sensitive data accessed or disclosed without authorization.
Health Equity is a well-known HSA provider, and this data breach is worrisome since it could have compromised the personal and financial information of millions of people who have put their faith in the firm.
Health Equity is reporting and addressing this security incident in compliance with relevant data privacy and protection rules, as indicated by the disclosure to the Maine Attorney General’s office.
The magnitude of the breach, however, affecting 4.3 million users’ data, implies that this may have serious consequences for those people.
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Customer information that may have been compromised includes:
- First and last name
- Address
- Telephone number
- Employee ID
- Name of employer
- Social security number
- Dependent information
- Payment card information
A vendor’s user accounts were compromised, allowing an unauthorized party to access a limited amount of data stored in a storage location outside our core systems. The company learned this during their investigation.
At this time, HealthEquity maintains that it does not have reason to suspect that any of the client data compromised in the incident has been illicitly utilized.
For two years, the company will pay for the victims’ credit monitoring, restoration, insurance, and identity protection.
HealthEquity also suggests that its users check their credit reports and financial accounts for any unusual activity regularly.
With 16 million members around the country, HealthEquity is a non-bank health savings trustee recognized by the Internal Revenue Service (IRS).
