Published
October 8, 2023
If API Financial Solutions notified you that your Social Security number or financial data was exposed in its 2023 breach, here is what happened and where the case stands.
What is the API Financial Solutions Data Breach All About?
Did You receive a data breach notice letter from API Financial Solutions? If so, your sensitive personal identifiable information may have been stolen and you may be owed compensation.API Financial Solutions provides payroll and accounting services to other businesses who manage employees. They are based out of Saint Peters, Missouri but have clients throughout the country. On September 29, 2023, API announced a data breach to their computer network which endangered the personal information of over 71,000 individuals. During the data breach, a hacker was able to access highly sensitive consumer data including the following personal identifying information, such as:
• Social Security Numbers,
• Passport Numbers,
• Driver's License,
• Full Names,
• Financial Account Information.
Data breaches are serious matters that can cause long term damage. Hackers break into networks so that they can steal your personal information to sell it on the dark web, commit identity theft, financial theft or other frauds. The theft of sensitive, protected health information, and personally identifiable information can lead to a host of issues for individuals who are the victims of data breaches that occurred in databases they were not even aware of. Typically, the individual that may have been hacked includes the following:
• Social Security Numbers,
• Financial Information,
• Protected Health Information,
• Medical Information,
• Other PII (Personally Identifiable Information)
Data breaches can also result in a long-term erosion of personal data privacy, as the hacked personally identifiable information may be traded or shared amongst cyber-criminals for years to come, on the internet, the dark web, or elsewhere.. This significantly increases the risk of further identity theft, financial fraud and massive headaches for consumers and victims.
Status
Claims Closed
this investigation is closed to new claims
People Affected
71,000+
notified of the September 29, 2023 incident
Data Exposed
SSNs, Passports & Financial Info
Proof Required
Yes
How Do I Qualify?
If you received a letter from API Financial Solutions notifying you that your personal information was impacted in their data breach, use the link below to find out whether you may be eligible for compensation!Can I Still File a Claim?
This class action settlement and original data breach investigation is closed to new claims as of July 2026.Free settlement alerts
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