Turke & Strauss LLP, a leading data breach law firm, is investigating EquiLend regarding its recent cyber security incident. The EquiLend cyber security incident may have involved sensitive personal information belonging to an undetermined number of individuals.
ABOUT EQUILEND:
EquiLend is a global financial technology, data and analytics firm based in New York. Founded in 2001, EquiLend’s solutions are designed for the global securities finance marketplace, and cover everything a firm needs to power their securities lending, collateral or swaps business with Trading (NGT, EquiLend Clearing Services, Swaptimization), Post Trade (Post-Trade Suite), Data & Analytics (DataLend), RegTech (SFTR, CSDR, ALD) and Securities Finance Platform Solutions (EquiLend Spire).2 Equilend’s solutions, offered to agent lenders, broker-dealers and beneficial owners worldwide, deliver global access to liquidity, scalability and reduced risk.2 Headquartered in New York, New York, EquiLend has additional offices in New Jersey, Boston, Toronto, London, Dublin, India, Hong Kong and Tokyo and employs over 300 individuals.
WHAT HAPPENED?
On January 22, 2024, EquiLend identified a ransomware incident affecting the functionality of portions of its platforms and certain services. In response, EquiLend engaged third-party cybersecurity experts and launched an investigation. The investigation into the nature and scope of the incident, including any impact to sensitive personal information, is ongoing. As of January 29, 2024, EquiLend has not acknowledged whether the incident resulted in a data breach.
If you believe you may have been impacted by this incident or received a breach notification letter from EquiLend:
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 EquiLend data breach, you may consider taking the following steps to protect your personal information.
- Carefully review the breach notice and retain a copy;
- Regularly review account statements for signs of fraud or unauthorized activity;
- Monitor credit reports for signs of identity theft; and
- Contact a credit bureau(s) to request a temporary fraud alert.