Blue Chip Financial Data Breach Investigation

Turke & Strauss LLP, a leading data breach law firm, is investigating Blue Chip Financial Corporation regarding its recent data breach. The Blue Chip Financial data breach may have involved sensitive personal identifiable information belonging to an undetermined number of individuals.

ABOUT BLUE CHIP FINANCIAL CORPORATION:

Blue Chip Financial is a leading online direct lender based in North Dakota. Founded in 2012, Blue Chip Financial provides a short-term loan product designed to help underbanked people gain access to credit at a cost to the consumer at close to half of many competitors.2 Through this short-term installment loan product, Spotloan, Blue Chip Financial has helped revolutionize the way people get access to emergency loans and uses sophisticated machine learning and big data for fraud detection and payback prediction in its underwriting models.2 Headquartered in Belcourt, North Dakota, Blue Chip Financial employs over 50 individuals.

WHAT HAPPENED?

Recently, Blue Chip Financial discovered that it had experienced a data breach in which sensitive personal identifiable information in its systems may have been accessed. On April 11, 2024, Blue Chip Financial began notifying individuals whose information may have been impacted. The exact type of personal information potentially exposed has not been made publicly available by Blue Chip Financial. However, according to state reporting guidelines, “personal information” can include the following types of information:

  • Name
  • Social Security number
  • Driver’s license or state-issued ID number
  • Financial account number, or credit or debit card number, with or without any required security code

If you received a breach notification letter from Blue Chip Financial Corporation:

We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at (608) 237-1775 or sam@turkestrauss.com.

If you were impacted by the Blue Chip Financial data breach, you may consider taking the following steps to protect your personal information.

  1. Carefully review the breach notice and retain a copy;
  2. Enroll in any free credit monitoring services provided by Blue Chip Financial Corporation;
  3. Change passwords and security questions for online accounts;
  4. Regularly review account statements for signs of fraud or unauthorized activity;
  5. Monitor credit reports for signs of identity theft; and
  6. Contact a credit bureau(s) to request a temporary fraud alert.

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