Bankers Healthcare Group: Bankers Healthcare Group Data Breach Lawsuit Investigation

Bankers Healthcare Group: Bankers Healthcare Group Data Breach Lawsuit Investigation

BHG Financial Data Breach Exposes Sensitive Customer Information

Bankers Healthcare Group (BHG Financial), a leading financial services provider specializing in loans for healthcare professionals and small business owners, recently disclosed a data breach affecting an undisclosed number of individuals. The incident was reported to the Massachusetts Attorney General’s office on January 20, 2026, with 166 Massachusetts residents confirmed as impacted.

The breach may have exposed sensitive personally identifiable information (PII), including Social Security numbers and financial account details. BHG Financial began notifying affected individuals via letter, offering 24 months of complimentary Experian IdentityWorks membership, which includes credit monitoring, identity restoration support, and $1 million in identity theft insurance.

Founded in 2001, BHG Financial has originated over $23 billion in loans for more than 216,000 customers and employs approximately 1,500 people. The company, now operating as BHG Financial, provides financing solutions such as debt consolidation, practice expansion, and equipment loans.

A class action law firm, Shamis & Gentile P.A., is investigating the breach on behalf of affected individuals, who may be eligible for compensation. The firm is assisting those impacted in exploring legal options. No further details on the cause or scope of the breach have been publicly disclosed.

Source: https://www.claimdepot.com/investigations/bankers-healthcare-group-data-breach-2026

Bankers Healthcare Group TPRM report: https://www.rankiteo.com/company/bhgfinancial

"id": "bhg1769038477",
"linkid": "bhgfinancial",
"type": "Breach",
"date": "6/2001",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'customers_affected': 'Undisclosed number of '
                                              'individuals, including 166 '
                                              'Massachusetts residents',
                        'industry': 'Financial Services',
                        'name': 'Bankers Healthcare Group (BHG Financial)',
                        'size': '1,500 employees, over $23 billion in loans '
                                'originated for 216,000+ customers',
                        'type': 'Financial Services Provider'}],
 'customer_advisories': 'Notification via letter, offering 24 months of '
                        'complimentary Experian IdentityWorks membership',
 'data_breach': {'personally_identifiable_information': 'Social Security '
                                                        'numbers, financial '
                                                        'account details',
                 'sensitivity_of_data': 'High (Social Security numbers, '
                                        'financial account details)',
                 'type_of_data_compromised': 'Personally identifiable '
                                             'information (PII)'},
 'date_publicly_disclosed': '2026-01-20',
 'description': 'Bankers Healthcare Group (BHG Financial) disclosed a data '
                'breach affecting an undisclosed number of individuals, '
                'exposing sensitive personally identifiable information (PII) '
                'including Social Security numbers and financial account '
                'details. The breach was reported to the Massachusetts '
                'Attorney General’s office on January 20, 2026, with 166 '
                'Massachusetts residents confirmed as impacted.',
 'impact': {'data_compromised': 'Sensitive personally identifiable information '
                                '(PII), including Social Security numbers and '
                                'financial account details',
            'identity_theft_risk': 'High',
            'legal_liabilities': 'Potential class action investigation',
            'payment_information_risk': 'High'},
 'investigation_status': 'Ongoing (class action investigation)',
 'references': [{'source': 'Massachusetts Attorney General’s office'},
                {'source': 'Shamis & Gentile P.A. (class action law firm)'}],
 'regulatory_compliance': {'legal_actions': 'Class action investigation by '
                                            'Shamis & Gentile P.A.',
                           'regulatory_notifications': 'Reported to '
                                                       'Massachusetts Attorney '
                                                       'General’s office'},
 'response': {'communication_strategy': 'Notification via letter to affected '
                                        'individuals',
              'third_party_assistance': 'Experian IdentityWorks (credit '
                                        'monitoring, identity restoration, $1M '
                                        'identity theft insurance)'},
 'title': 'BHG Financial Data Breach Exposes Sensitive Customer Information',
 'type': 'Data Breach'}
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