Another lack of proper cybersecurity has left consumers unknowingly vulnerable.
The Texas Dow Employees Credit Union (TDECU) reported a significant data breach that has affected over 500,000 of its members. This breach, which stems from a vulnerability in the MOVEit file transfer software, was part of a series of widespread cyberattacks that exploited this flaw.
The compromised data includes highly sensitive personal information, such as Social Security numbers, bank account details, and even driver's license numbers. Although the breach occurred in May 2023, it was not discovered until July 2024, leaving members exposed for over a year without their knowledge.
If you believe you or someone you know has been affected by this data breach, contact Morgan & Morgan today for a free, no-obligation case evaluation. We will hear your story and advise you on your legal options.
What Was the Impact of the TDECU Data Breach?
The long delay in discovering the TDECU data breach has severe implications for the affected individuals. The exposure of sensitive data for such an extended period, without intervention or preventative measures, significantly raises the risk of identity theft and financial fraud.
For over a year, the personal information of TDECU members was potentially circulating on the dark web, available to cybercriminals who could use it to commit various types of fraud.
TDECU has responded by offering credit monitoring services to those affected, a crucial step in helping members protect themselves from potential fraud. However, the damage has already been done, and many members may face ongoing challenges related to the breach.
I May Have Been Affected. What Can I Do About the TDECU Data Breach?
If you are a TDECU member affected by this breach, you may have legal options to pursue compensation for the potential damages you could face. Identity theft can lead to significant financial loss, emotional distress, and a lengthy recovery process. Morgan & Morgan, the nation’s largest injury law firm, is equipped to help you navigate this complex situation.
Morgan & Morgan’s legal team has extensive experience handling data breach cases and fighting for the rights of individuals whose personal information has been compromised. Our attorneys understand the nuances of these cases and can guide you through the legal process.
If you’ve suffered financial losses or emotional distress due to the TDECU data breach, you may be entitled to compensation. This can include reimbursement for any financial losses, coverage for future identity monitoring services, and damages for the stress and inconvenience caused.
How Can Morgan & Morgan Help?
When your personal information is compromised, it’s easy to feel powerless. However, with Morgan & Morgan by your side, you don’t have to face this challenge alone. Our firm has the resources and expertise to take on large entities and fight for what’s right for the people.
If you’ve been affected by the TDECU data breach, we can help.
We’ll start by evaluating your case to determine the extent of the damages and the best course of action. If you decide to move forward with us by your side, our attorneys will handle all aspects of the legal process, from filing claims to negotiating settlements or taking your case to trial if necessary. We will continue to provide continuous support throughout the legal process, ensuring you’re informed and comfortable with every step we take on your behalf.
Our goal is to secure the maximum compensation possible for your case. We’ll explore all avenues to ensure you receive the justice you deserve.
If upfront fees are a concern, then there’s no need to worry with us. At Morgan & Morgan, we operate on a contingency fee basis, meaning you won’t pay anything unless we win your case. We believe everyone should have access to top-tier legal representation, regardless of their financial situation.
While TDECU claims to be taking steps to rectify the situation and protect its members, the damage done by this breach is significant and may have long-lasting effects on those affected.
If you or someone you know has been impacted by this breach, don’t wait to seek legal advice. Morgan & Morgan is here to help you understand your rights and fight for the compensation you deserve. Reach out to us today. Hiring one of our lawyers is easy, and you can get started in minutes with a free, no-obligation case evaluation.