First National Assets Data Breach Exposes Sensitive Personal and Financial Information
On July 10, 2026, the Texas Attorney General’s office reported a significant data breach involving First National Holdings (operating as First National Assets), a company that manages property tax financing through subsidiaries Propel Financial Services and Hunter-Kelsey of Texas. The breach compromised highly sensitive data, including names, Social Security numbers, driver’s license numbers, financial information, and health insurance details of affected individuals.
First National Assets has begun notifying potentially impacted individuals via mail, though the exact number of those affected remains undisclosed. Legal representatives are investigating the incident to determine whether a class action lawsuit could be filed on behalf of victims, seeking compensation for damages such as loss of privacy, time spent mitigating the breach, and out-of-pocket expenses.
The breach highlights ongoing risks in data security, particularly for organizations handling financial and personal records. No further details on the cause or timeline of the incident have been released. The investigation is ongoing, with attorneys soliciting input from those who received breach notifications or believe their data may have been exposed.
Source: https://www.classaction.org/data-breach-lawsuits/first-national-assets-july-2026
Hunter-Kelsey of Texas TPRM report: https://www.rankiteo.com/company/propel-financial-services
Propel Financial Services TPRM report: https://www.rankiteo.com/company/propel-financial-services
"id": "pro1783744079",
"linkid": "propel-financial-services",
"type": "Breach",
"date": "7/2026",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"{'affected_entities': [{'industry': 'Property Tax Financing',
'location': 'Texas, USA',
'name': 'First National Holdings (First National '
'Assets)',
'type': 'Corporation'},
{'industry': 'Property Tax Financing',
'location': 'Texas, USA',
'name': 'Propel Financial Services',
'type': 'Subsidiary'},
{'industry': 'Property Tax Financing',
'location': 'Texas, USA',
'name': 'Hunter-Kelsey of Texas',
'type': 'Subsidiary'}],
'customer_advisories': 'Notifications sent via mail to affected individuals',
'data_breach': {'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Names',
'Social Security numbers',
'Driver’s license numbers',
'Financial information',
'Health insurance details']},
'date_publicly_disclosed': '2026-07-10',
'description': 'On July 10, 2026, the Texas Attorney General’s office '
'reported a significant data breach involving First National '
'Holdings (operating as First National Assets), a company that '
'manages property tax financing through subsidiaries Propel '
'Financial Services and Hunter-Kelsey of Texas. The breach '
'compromised highly sensitive data, including names, Social '
'Security numbers, driver’s license numbers, financial '
'information, and health insurance details of affected '
'individuals. First National Assets has begun notifying '
'potentially impacted individuals via mail, though the exact '
'number of those affected remains undisclosed. Legal '
'representatives are investigating the incident to determine '
'whether a class action lawsuit could be filed on behalf of '
'victims, seeking compensation for damages such as loss of '
'privacy, time spent mitigating the breach, and out-of-pocket '
'expenses.',
'impact': {'brand_reputation_impact': 'Potential reputational damage due to '
'class action lawsuit investigation',
'data_compromised': 'Sensitive personal and financial information',
'identity_theft_risk': 'High (Social Security numbers, driver’s '
'license numbers exposed)',
'legal_liabilities': 'Potential class action lawsuit for loss of '
'privacy, mitigation costs, and out-of-pocket '
'expenses',
'payment_information_risk': 'High (financial information exposed)'},
'investigation_status': 'Ongoing',
'references': [{'source': 'Texas Attorney General’s office'}],
'regulatory_compliance': {'legal_actions': 'Potential class action lawsuit '
'investigation',
'regulatory_notifications': 'Reported to Texas '
'Attorney General’s '
'office'},
'response': {'communication_strategy': 'Notifications sent via mail to '
'affected individuals'},
'title': 'First National Assets Data Breach Exposes Sensitive Personal and '
'Financial Information',
'type': 'Data Breach'}