Ally Bank Data Breach: Essential Information and Actions to Take

In April 2024, Ally Bank suffered a data breach that exposed sensitive customer information, including names, addresses, Social Security numbers, and financial data. Here’s what you need to know and do if your information may have been compromised.

What Happened?

Ally Bank’s data breach has potentially put your personal and financial information at risk. This type of breach can lead to identity theft and fraud if not addressed quickly.

What You Should Do

1. Check Your Statements: Review your bank and credit card statements for unauthorized transactions and report any suspicious activity to your bank.
2. Place a Fraud Alert: Contact one of the major credit bureaus (Experian, TransUnion, or Equifax) to place a fraud alert on your credit report. This alert makes it harder for identity thieves to open new accounts in your name.
3. Consider a Credit Freeze: A credit freeze restricts access to your credit report and can prevent new accounts from being opened in your name. This is a strong precautionary measure.
4. File a Report with the FTC: If you suspect identity theft, file a report with the Federal Trade Commission (FTC) to start the recovery process.
5. Stay Informed: Watch for updates from Ally Bank. The bank might offer credit monitoring or other protective services.

How Morgan & Morgan Can Help

Morgan & Morgan’s Data Privacy Attorneys specialize in helping clients affected by data breaches. Morgan & Morgan can:

• Assess Your Case: Determine the impact of the breach and your legal options.
• Seek Compensation: Help you pursue compensation for any financial losses or distress.
• Provide Guidance: Offer advice on protecting your information and taking legal action.

Conclusion

The Ally Bank breach highlights the need to protect your personal information. If you’re affected, act quickly to mitigate risks. Contact us for a free consultation and let us assist you in securing your information and pursuing any necessary legal actions.