Apex Global Solutions LLC faced a significant data breach in 2024, exposing the personal information of thousands of clients, employees, and patients. The compromised data reportedly included highly sensitive details such as birthdays, Social Security numbers, health records, and financial information. The breach led to a class-action lawsuit filed by five plaintiffs in the US District Court for the Southern District of New York, though the case was later voluntarily dismissed without prejudice. The exposure of such critical data particularly health and financial records poses severe risks, including identity theft, financial fraud, and long-term reputational damage to the company. The incident underscores vulnerabilities in Apex’s cybersecurity measures, raising concerns about compliance with data protection regulations and the potential for regulatory penalties or further legal action despite the lawsuit’s dismissal.
Source: https://news.bloomberglaw.com/ip-law/apex-global-solutions-sheds-class-action-suit-over-data-breach
TPRM report: https://www.rankiteo.com/company/apexglobalus
"id": "ape2503025103025",
"linkid": "apexglobalus",
"type": "Breach",
"date": "6/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"{'affected_entities': [{'customers_affected': 'Thousands (clients, employees, '
'and patients)',
'industry': 'Financial Services',
'name': 'Apex Global Solutions LLC',
'type': 'Financial Services Firm'}],
'data_breach': {'data_exfiltration': 'Likely (data exposed in breach)',
'number_of_records_exposed': 'Thousands',
'personally_identifiable_information': ['birthdays',
'Social Security '
'numbers',
'health data',
'financial '
'information'],
'sensitivity_of_data': 'High (SSNs, health data, financial '
'information)',
'type_of_data_compromised': ['Personally Identifiable '
'Information (PII)',
'Protected Health Information '
'(PHI)',
'Financial Information']},
'description': 'Financial-services firm Apex Global Solutions LLC faced '
'allegations of failing to protect the personal information of '
'thousands of clients, employees, and patients exposed in a '
'2024 breach. The exposed data may have included birthdays, '
'Social Security numbers, health data, and financial '
'information. A class action lawsuit was voluntarily dismissed '
'without prejudice by five plaintiffs in the US District Court '
'for the Southern District of New York.',
'impact': {'brand_reputation_impact': 'Potential reputational damage due to '
'lawsuit and breach disclosure',
'data_compromised': ['birthdays',
'Social Security numbers',
'health data',
'financial information'],
'identity_theft_risk': 'High (due to exposure of SSNs, birthdays, '
'and financial data)',
'legal_liabilities': 'Class action lawsuit filed (later '
'voluntarily dismissed without prejudice)',
'payment_information_risk': 'Exposed (financial information '
'compromised)'},
'investigation_status': 'Lawsuit dismissed without prejudice; no further '
'details on investigation',
'references': [{'source': 'US District Court for the Southern District of New '
'York (filing)'}],
'regulatory_compliance': {'legal_actions': 'Class action lawsuit (dismissed '
'without prejudice)'},
'title': 'Apex Global Solutions LLC Data Breach (2024)',
'type': 'Data Breach'}