Wings Financial Services Claims Over 240 Thousand Victims in Massive Data Breach

  • By Steven
  • Dec 15, 2022

wings financial data breach

If you’re one of our avid readers, you may remember how over 2022’s black Friday season, many financial companies were targeted by hackers. That’s because of the abundance of information they stand to gain from the company’s databases. Financial companies, hospitals, and credit bureaus have access to large amounts of personally identifying information, or PII, that make the hacker’s financial future much happier and more stable. 

How Did the Attack Occur?

The attack occurred when an unauthorized third party accessed the company’s internal systems. Wings Financial Services immediately contacted the necessary authorities to ensure its safety and that of its clients. The investigation only took a few months and gathered a large amount of information.

What Information Was Viewed or Stolen?

After discovering the breach, Wings Financial began to investigate the breached files. It found that while the stolen data varied by victim, it may have included your:

  • Name
  • Social security number
  • Medical data
  • Insurance information
  • Government ID
  • State ID
  • Driver’s license number
  • Financial account number and access code
  • Tax ID number
  • Address
  • Biometric information
  • Birthday
  • Health insurance and policy information
  • Payment card number

How Did Wings Financial Admit to the Breach?

Wings Financial admitted to the breach by filing a notice with the Maine Attorney General. The company also sent notification letters to the victims of the breach, alerting them to its occurrence to help ensure their future safety. It took about four months for the investigation to have concluded and for the notices to be sent, but for us, we’d rather wait to know about the breach until we knew if and how we were affected than be left wondering for months only to find out we had nothing to do with it.

What Will Become of the Stolen Information?

Much of our PII is for sale and sells for relatively cheap – but when packaged, the data becomes much more valuable. In a combination deal, your name, social security number, and birthday will sell for 60 to 80 dollars, depending on your credit. So, if everyone had decent credit, the hacker managed to access enough information to earn them 16.8 million dollars, give or take. The hacker may spend this money on philanthropic endeavors, but we doubt it. Your PII is most likely being used to cushion the hacker’s bank account.

What Should Affected Parties Do in the Aftermath of the Breach?

We believe you should take the data breach as an opportunity to learn. We definitely want you to do everything in your power to keep you, your loved ones, and your PII safe, but we also want you to learn from this breach to prepare you for the next one. Because, unfortunately, that’s the reality of the world we live in. If we use the internet, we can be hacked. It’s as simple as that. However, there are steps that we can take to protect ourselves and the people we care about so that we can minimize the impact of a subsequent breach.

About the Author
IDStrong Logo

Related Articles

Instagram Vulnerability Allowed Hackers Access to Control Your Phone

Security experts Check Point Research discovered a critical vulnerability while examining Instagra ... Read More

Alien Malware Infects More than 226 Mobile Apps and Steals Bank Data

As reported on September 24, 2020, by ZDNet and ThreatPost, a new strain of malware named “A ... Read More

Universal Health Systems Hit by Ransomware Attack

Universal Health Systems (UHS), a Fortune 500 company owning more than 400 hospitals across the co ... Read More

Exchange Server Bug Exposes a Big Risk to Hackers

Months after Microsoft released a patch to fix a serious flaw in MS Exchange Server, more than 61% ... Read More

Clients’ Bank Data Exposed in Blackbaud Ransomware Attack

Blackbaud software was victim to a ransomware attack last May, and new information suggests that c ... Read More

Latest Articles

Pennsylvania Maternal & Family Health Services Announces Ransomware Attack

Pennsylvania Maternal & Family Health Services Announces Ransomware Attack

Anyone paying even little attention to cybersecurity knows that medical practices and services are some of the most targeted institutions in the world.

Weekly Cybersecurity Recap January 27

Weekly Cybersecurity Recap January 27

This week, our lineup is pretty hard-hitting. Some of the biggest names in, well, everything, have been hacked, with a combined victim total of well into the millions.

MailChimp Announces Data Breach Affecting Tiny Number of Customers – With Big Ripples

MailChimp Announces Data Breach Affecting Tiny Number of Customers – With Big Ripples

MailChimp has been hacked repeatedly over the years; there is very little surprise in the breach, though one thing should be considered.

Featured Articles

How to Buy a House with Bad Credit

How to Buy a House with Bad Credit

Buying your own home is the American Dream, but it might seem out of reach to those with bad credit. However, the good news is, if your credit is less than perfect, you do still have options and in most cases, can still buy a home.

How Secure Is Your Password? Tips to Improve Your Password Security

How Secure Is Your Password? Tips to Improve Your Password Security

Any good IT article on computers and network security will address the importance of strong, secure passwords. However, the challenge of good passwords is that most people have a hard time remembering them, so they use simple or obvious ones that pose a security risk.

Top 10 Senior Scams and How to Prevent Them

Top 10 Senior Scams and How to Prevent Them

Senior scams are becoming a major epidemic for two reasons. First, seniors often have a lot of money in the bank from a life of working hard and saving.

Free Identity Threat Scan
Instantly Check if Your Personal Information is Exposed
All fields below are required
Please enter first name
Please enter last name
Please enter a city
Please select a state
Please enter an email address
Close