BHG Financial Discloses Data Breach Affecting 166 Massachusetts Residents
BHG Financial (formerly Bankers Healthcare Group) recently reported a data breach impacting at least 166 individuals in Massachusetts. The incident, disclosed to the Massachusetts Office of Consumer Affairs and Business Regulation on January 20, 2026, involved unauthorized access to sensitive consumer data, including Social Security numbers and financial account details information highly vulnerable to identity theft and financial fraud.
In response, BHG Financial implemented security enhancements, such as updating internal passwords and adjusting email controls to mitigate future risks. Affected individuals were notified and offered 24 months of complimentary Experian IdentityWorks services, which include credit monitoring, identity restoration support, and up to $1 million in identity theft insurance. Enrollment requires an activation code from the notification letter and must be completed by April 30, 2026.
The company also directed impacted parties to resources from the Federal Trade Commission (FTC) and the three major credit bureaus for additional protective measures. The breach highlights ongoing risks to financial and personal data in the healthcare lending sector.
Source: https://www.claimdepot.com/data-breach/bankers-healthcare-group-2026
BHG Financial TPRM report: https://www.rankiteo.com/company/bhgfinancial
"id": "bhg1769038528",
"linkid": "bhgfinancial",
"type": "Breach",
"date": "1/2026",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': '166',
'industry': 'Healthcare Lending',
'location': 'Massachusetts, USA',
'name': 'BHG Financial (formerly Bankers Healthcare '
'Group)',
'type': 'Financial Services'}],
'customer_advisories': 'Affected individuals offered 24 months of '
'complimentary Experian IdentityWorks services, '
'including credit monitoring, identity restoration '
'support, and up to $1 million in identity theft '
'insurance. Enrollment deadline: April 30, 2026.',
'data_breach': {'number_of_records_exposed': '166',
'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Social Security numbers',
'Financial account details']},
'date_publicly_disclosed': '2026-01-20',
'description': 'BHG Financial (formerly Bankers Healthcare Group) reported a '
'data breach impacting at least 166 individuals in '
'Massachusetts. The incident involved unauthorized access to '
'sensitive consumer data, including Social Security numbers '
'and financial account details, which are highly vulnerable to '
'identity theft and financial fraud.',
'impact': {'data_compromised': 'Social Security numbers, financial account '
'details',
'identity_theft_risk': 'High',
'payment_information_risk': 'High'},
'post_incident_analysis': {'corrective_actions': 'Security enhancements '
'including updated internal '
'passwords and adjusted '
'email controls'},
'recommendations': 'Affected individuals advised to use resources from the '
'FTC and credit bureaus for protective measures.',
'references': [{'source': 'Massachusetts Office of Consumer Affairs and '
'Business Regulation'},
{'source': 'Federal Trade Commission (FTC)'},
{'source': 'Experian IdentityWorks'}],
'regulatory_compliance': {'regulatory_notifications': 'Massachusetts Office '
'of Consumer Affairs '
'and Business '
'Regulation'},
'response': {'communication_strategy': 'Affected individuals notified via '
'letter',
'containment_measures': 'Updating internal passwords, adjusting '
'email controls',
'third_party_assistance': 'Experian IdentityWorks services'},
'title': 'BHG Financial Data Breach Affecting 166 Massachusetts Residents',
'type': 'Data Breach'}