Suede Discloses 2026 Data Breach Exposing Personal Information of Consumers
In June 2026, Suede a nationwide credit card processing company previously operating as Merchant Industry LLC reported a data breach that may have compromised consumers' sensitive personal information. The incident was detected on June 3, 2026, when the company identified suspicious activity within one of its systems. An investigation revealed that an unauthorized third party had accessed and potentially copied files containing personally identifiable information (PII).
The breach was contained to Suede’s internal systems, with exposed data including names and Social Security numbers. A detailed review of the affected files was completed on July 27, 2026, after which the company notified the Massachusetts Office of Consumer Affairs and Business Regulation on September 11, 2026. Notification letters to impacted individuals began mailing on September 10, 2026.
As part of its response, Suede is offering 24 months of complimentary credit monitoring and identity theft protection through Cyberscout (a TransUnion company). Affected individuals must enroll within 90 days of receiving their notification letter using a unique activation code. For further assistance, Suede has established a dedicated helpline (1-833-851-9450) and a mailing address (2 Jericho Plaza, Suite 304, Jericho, NY 11753).
Source: https://www.claimdepot.com/data-breach/miv-buyer-2026
Suede cybersecurity rating report: https://www.rankiteo.com/company/gosuede
"id": "GOS1790116535",
"linkid": "gosuede",
"type": "Breach",
"date": "6/2026",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'industry': 'Financial Services',
'location': 'Nationwide (USA)',
'name': 'Suede (formerly Merchant Industry LLC)',
'type': 'Credit card processing company'}],
'customer_advisories': 'Affected individuals must enroll within 90 days of '
'receiving their notification letter using a unique '
'activation code. Dedicated helpline: 1-833-851-9450, '
'mailing address: 2 Jericho Plaza, Suite 304, Jericho, '
'NY 11753.',
'data_breach': {'data_exfiltration': 'Potentially copied files',
'personally_identifiable_information': ['Names',
'Social Security '
'numbers'],
'sensitivity_of_data': 'High',
'type_of_data_compromised': 'Personally identifiable '
'information (PII)'},
'date_detected': '2026-06-03',
'date_publicly_disclosed': '2026-09-10',
'description': 'In June 2026, Suede, a nationwide credit card processing '
'company previously operating as Merchant Industry LLC, '
"reported a data breach that may have compromised consumers' "
'sensitive personal information. The incident was detected on '
'June 3, 2026, when the company identified suspicious activity '
'within one of its systems. An investigation revealed that an '
'unauthorized third party had accessed and potentially copied '
'files containing personally identifiable information (PII).',
'impact': {'data_compromised': 'Personally identifiable information (PII)',
'identity_theft_risk': 'High',
'systems_affected': 'Internal systems'},
'investigation_status': 'Completed (review of affected files finished on '
'2026-07-27)',
'references': [{'source': 'Suede Data Breach Notification'}],
'regulatory_compliance': {'regulatory_notifications': ['Massachusetts Office '
'of Consumer Affairs '
'and Business '
'Regulation '
'(2026-09-11)']},
'response': {'communication_strategy': 'Notification letters mailed to '
'impacted individuals, dedicated '
'helpline and mailing address '
'established',
'containment_measures': 'Breach contained to internal systems',
'remediation_measures': 'Offering 24 months of complimentary '
'credit monitoring and identity theft '
'protection',
'third_party_assistance': 'Cyberscout (a TransUnion company)'},
'threat_actor': 'Unauthorized third party',
'title': 'Suede Data Breach Exposing Personal Information of Consumers',
'type': 'Data Breach'}