American Financial Resources, Inc. Data Breach Investigation

Migliaccio & Rathod LLP is currently investigating the Parsippany, New Jersey-based American Financial Resources, Inc. (“AFR”) for failing to safeguard sensitive customer financial information in a data breach that occurred between December 6 – December 20, 2021. The data breach occurred when an unauthorized third-party hacked into AFR’s computer systems and accessed certain AFR files that contained highly sensitive customer information. AFR has concluded its investigation yet failed to disclose how many of its customers were impacted by the data breach and what specific information was accessed.

Although AFR concluded its investigation by no later than February 4, 2022, it waited over a month to notify its customers of the data breach. Due to this lapse in time between the breach and the AFR notice to affected customers, hackers may have already been able to acquire and sell the compromised information or otherwise fraudulently misuse it for their personal gain. As a result of previous similar data breaches, victims of data theft have been forced to spend money on credit monitoring services and/or the impact of the fraudulent misuse of their personally identifiable information.

Some individuals affected by the AFR data breach may have noticed one or more of the following types of fraudulent activity related to the sensitive information provided to AFR: identity theft, suspicious credit and/or debit card charges, unauthorized withdrawals from a checking or savings account, requests for government services or loans, or credit accounts fraudulently opened in their name.

Are you or have you been an AFR customer who has recently received a data breach notification letter?

If so, we would like to hear from you. Please complete the contact form on this page, send us an email at [email protected], or give us a call at (202) 470-3520.

The lawyers at Migliaccio & Rathod LLP have years of experience in class action litigation against large corporations, including in cases involving data breaches. More information about our current cases and investigations is available on our blog.