Idea Financial Data Breach Investigation

Turke & Strauss LLP, a leading data breach law firm, is investigating Idea 247 Inc. d/b/a Idea Financial regarding its recent data breach. The Idea Financial data breach involved sensitive personal identifiable information belonging to over 37,000 individuals.


Idea Financial is a financial services company offering digital lending to businesses. Founded in 2017, Idea Financial is a recent start up looking to provide small businesses with the capital needed to grow. As a small business lender, Idea Financial offers lines of credit, business loans, and business funding up to $250,000. Additionally, Idea Financial has a business blog that offers small businesses tips on how they can make use of their loan or line of credit. Headquartered in Miami, Florida, Idea Financial has a second location in Richmond, Virginia and employs approximately 50 individuals.


Recently, Idea Financial discovered that it had experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed. Through its investigation, Idea Financial determined that an unauthorized actor may have accessed this sensitive information between April 26 and May 24, 2023. On July 14, 2023, Idea Financial began contacting individuals whose information may have been impacted. The type of information exposed includes:

  • Name
  • Social Security number
  • Date of birth
  • Contact information
  • FICO scores

If you received a breach notification letter from Idea 247 Inc. d/b/a Idea Financial:

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

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

  1. Carefully review any breach notice and retain a copy;
  2. Enroll in any free credit monitoring services provided by Idea 247 Inc. d/b/a Idea Financial;
  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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