Data Breach – U.S. Bans Antivirus Software

June 26, 2024

Data Breach – U.S. Bans Antivirus Software

Financial Business and Consumer Solutions (FBCS), a debt collection enterprise, has been impacted by a massive data breach that affects millions of Americans. FBCS is a debt collection agency that specializes in recovering charged-off consumer and commercial debts, such as car loans, healthcare bills, utility bills, student loans, and credit cards.

The initial tally of those affected from this cyber incident was around 1.9 million, which the company raised to 3 million in June 2024. The data breach leaked a treasure trove of consumer data, including full name, Social Security Number (SSN), date of birth, and driver’s license number or ID card. The company has informed affected individuals as well as concerned authorities.

If your organization transfers collection accounts to this or any other agency, the collection agency becomes a business associate according to HIPAA.

Read more about the cyber incident on the FBCS website.