Professional Finance Co. Data Breach Settlement: $2.5M

A data breach at Professional Finance Co. (PFC) in February 2022 allegedly compromised sensitive consumer information, including:

• Social Security numbers
• Financial account details
• Other personally identifiable information

Professional Finance Co. is a debt collection agency that works with healthcare providers, government entities, and other businesses to recover outstanding balances. A class action lawsuit alleged that PFC failed to secure consumer data, leaving it vulnerable to cybercriminals. Plaintiffs claim that stronger cybersecurity measures could have prevented the breach and its potential impact on affected individuals.

While Professional Finance Co. denies any wrongdoing, the company has agreed to a $2.5 million settlement to resolve the lawsuit.

Eligible consumers may qualify for:

• Up to $500 in reimbursement for documented expenses related to fraud or identity theft
  $50 cash payment for California residents whose Social Security numbers were exposed
  24 months of free identity monitoring and theft protection through Identity Defense Plus

If you received a data breach notification from Professional Finance Co., you may qualify for settlement benefits. Check your eligibility and submit your claim before the deadline.