Gage Brothers Concrete Products, Inc. Confirms Unauthorized Activity Caused Data Breach | Console and Associates, PC
On August 1, 2022, Gage Brothers Concrete Products, Inc. confirmed that the company suffered a data breach after an unauthorized party gained access to sensitive consumer data contained on the Gage Bros. network. While the company has yet to release the types of information disclosed as a result of the breach, based on state reporting requirements, it would appear that one or more of the following is involved: Social security numbers, driver’s license numbers, bank account or credit card numbers, or medical records. Recently, Gage Bros. sent data breach letters to all affected parties, informing them of the incident and what they can do to protect themselves against identity theft and other fraud.
If you have received a data breach notification, it is essential that you understand what is at risk and what you can do about it. To learn more about how to protect yourself against fraud or identity theft and what your legal options are following the Gage Brothers data breach, please see our recent article on the subject. here.
What we know about the Gage Brothers data breach
According to an official notice filed by the company, on June 13, 2022, Gage Brothers detected suspicious activity within its computer network. In response, the company secured its network and then contacted third-party specialists to help with an investigation. The company’s investigation revealed that certain files on Gage Brothers’ system were accessed by an unauthorized party between June 8, 2022 and July 9, 2022.
After discovering that sensitive consumer data was accessible to an unauthorized party, Gage Brothers reviewed all affected files to determine what information was compromised and which consumers were affected. Gage Brothers has yet to post a notice of breach on its website, and the company’s official documents obscure the specific types of data that were leaked. However, since companies only need to report a data breach if it affects social security numbers, driver’s license numbers, bank account or credit card numbers, or medical records, it’s likely that one or more of these data types were among the compromised data types.
On August 1, 2022, Gage Brothers sent data breach letters to everyone whose information was compromised as a result of the recent data security incident.
More information about Gage Brothers Concrete Products, Inc.
Founded in 1915, Gage Brothers Concrete Products, Inc. is a building materials company based in Sioux Falls, South Dakota. The company specializes in precast concrete products, such as wall panels, veneer panels, center slabs, double tees and beams. Gage Brothers also assists clients with design planning services. Gage Brothers employs over 308 people and generates approximately $62 million in annual revenue.
What to do after your information has been compromised in a data breach
For many who have never been a victim of identity theft or other fraud, it’s easy to assume that the damage from a data breach is limited to the hassle of calling your bank. and have them close your existing accounts. And while it’s true that data breaches don’t always lead to fraud, they greatly increase the likelihood of a criminal stealing your identity. By some estimates, it costs the average data breach victim more than $1,300 to resolve an identity theft case, and they must spend up to 200 hours doing so. This is not a minor inconvenience.
Cybercriminals often act quickly after stealing consumer information to commit these crimes. However, if a company reports a breach early, it can give victims the opportunity to take a few steps to reduce the risk of fraud following a data breach. Below are the basic steps to follow after a data breach. Note, however, that you may need to take additional action if the breach involves your social security number or protected health information.
Read the data breach letter to determine what information was disclosed;
Report the breach to all financial institutions;
Close all bank or credit card accounts if the account number has been leaked;
Sign up for free credit monitoring provided by the company that disclosed your information;
Contact one of the three major credit bureaus to place a fraud alert or credit freeze on your credit account; and
Keep a close eye on your bank and credit card accounts for any signs of fraudulent activity.
By taking these steps, victims of a data breach can significantly reduce the risk of becoming a victim of identity theft or other fraud.
Of course, the burden of preventing identity theft should rest on the shoulders of the victims. And sometimes, despite prompt action, victims of a data breach still experience identity theft. Often this happens when there is a significant delay in notification; but sometimes hackers just act too quickly. In these situations, it is important that victims of a data breach understand their rights. US data breach laws allow victims to file a class action lawsuit against a company that negligently disclosed their information. Those with questions about what to do after a data breach or victims’ rights against a company should contact a data breach attorney.