National Public Data, the hacked data broker that lost millions of Social Security numbers and more, files for bankruptcy | TechCrunch
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from TechCrunch4 months ago
Jericho Pictures filed for Chapter 11 bankruptcy after a massive data breach compromised hundreds of millions of Social Security numbers and sensitive personal information.
TechCrunchhttps://techcrunch.com/2024/10/14/national-public-data-the-hacked-data-broker-that-lost-millions-of-social-security-numbers-and-more-files-for-bankruptcy/
The company's owner acknowledged substantial regulatory challenges, including actions from the Federal Trade Commission and multiple states due to severe data breaches.
TechCrunchhttps://techcrunch.com/2024/10/14/national-public-data-the-hacked-data-broker-that-lost-millions-of-social-security-numbers-and-more-files-for-bankruptcy/
With over 300 million records stolen, the incident is considered one of the largest data breaches of the year, impacting a vast number of individuals.
TechCrunchhttps://techcrunch.com/2024/10/14/national-public-data-the-hacked-data-broker-that-lost-millions-of-social-security-numbers-and-more-files-for-bankruptcy/
Despite valuing its stolen database of Social Security numbers at $1 million, Jericho Pictures struggles to manage impending lawsuits and liabilities.
TechCrunchhttps://techcrunch.com/2024/10/14/national-public-data-the-hacked-data-broker-that-lost-millions-of-social-security-numbers-and-more-files-for-bankruptcy/
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#data-breach #bankruptcy #privacy-laws #personal-information #litigation
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