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Home Incidents

Security Incident at M&D Capital Billing

March 18, 2024
Reading Time: 2 mins read
in Incidents
Security Incident at M&D Capital Billing

M&D Capital Premier Billing, headquartered in Queens, NY, issued notifications to 284,326 individuals following the identification of a cybersecurity incident on July 8, 2023. Engaging third-party cybersecurity specialists, the company confirmed unauthorized access to its network between June 20 and July 8, 2023, potentially exposing sensitive health and financial information of its clients. The compromised data included names, addresses, Social Security numbers, medical billing details, and insurance information, necessitating enhanced security measures and the provision of credit monitoring services to affected individuals.

In response to the breach, M&D Capital Premier Billing conducted a comprehensive review of its policies and procedures, implementing additional administrative and technical safeguards to mitigate future risks. The affected individuals were offered single bureau credit monitoring services at no cost, aiming to provide them with peace of mind and proactive protection against potential identity theft or financial fraud. The incident underscores the critical importance of robust cybersecurity measures in safeguarding sensitive personal and medical information, urging organizations to prioritize proactive security strategies to defend against evolving cyber threats.

Reference:
  • M&D Capital Cybersecurity Incident Response & Remediation Efforts

Tags: cyber incidentsCyber Incidents 2024Cyber RiskCyberattacksM&D Capital Premier BillingMarch 2024NYQueens
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