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Markovits Stock DeMarco

Over $2 Billion Recovered For Clients

Teachers Insurance and Annuity Association of America Data Breach Class Action Investigation

by Terence Coates | Jul 24, 2023 | Class Action

Markovits, Stock & DeMarco, a law firm experienced in data breach cases, is investigating claims on behalf of victims of a data breach involving data entrusted to Teachers Insurance and Annuity Association of America (“TIAA”). If you received a notice of data breach letter or email from TIAA, please contact us as soon as possible to understand your legal rights in response to the data breach.

TIAA, a nationwide organization that provides financial and retirement services to teachers, recently disclosed on July 14, 2023, that it has experienced a security breach. TIAA reported the data breach to state Attorneys General and has dispatched notice to those impacted by the breach via U.S. Mail.[1]

WHAT HAPPENED?

TIAA reported on July 14, 2023, that it has experienced a data breach impacting an estimated 2,630,717 individuals associated with TIAA.[2] At this time, the cause of the data breach is believed to be use of the MOVEit file-transfer software to transmit information in an unsafe or unsecured manner.[3]

WHAT INFORMATION WAS EXPOSED IN THE DATA BREACH?

The full scope of the data breach has not yet been disclosed, but TIAA has disclosed that the unauthorized third-party that was able to access the following private information:

  • Full names; and
  • Social Security numbers

WHAT SHOULD I DO IF I RECEIVED NOTIFICATION OF THE TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA DATA BREACH?

If you would like to have a free, confidential consultation with an attorney to learn more about your rights and potential legal remedies in responding to the TIAA, data breach, please contact Markovits, Stock & DeMarco attorney Terry Coates at (513) 651-3700, email us at [email protected], or submit a Case Evaluation request through the form below.

[1] https://apps.web.maine.gov/online/aeviewer/ME/40/4a5b4bb0-41a9-4966-a6ee-dcb4ae4c25ff.shtml (last accessed July 24, 2023)

[2] Id.

[3] https://www.thinkadvisor.com/2023/07/20/moveit-data-breach-hits-30-colleges-via-tiaa-other-vendors/ (last accessed July 24, 2023)

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