Western Alliance Bank Data Breach - Levi & Korsinsky, LLP Launches Investigation
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Western Alliance Bank disclosed a significant data breach involving a third-party vendor's file transfer software vulnerability. Between October 12-24, 2024, an unauthorized actor accessed sensitive personal information including Social Security numbers, financial account details, and passport information. The bank filed a notice with the Maine Attorney General on March 14, 2025, and is notifying impacted individuals.
March 21, 2025 | 4:30 pm
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NEGATIVE IMPACT
The data breach could lead to significant reputational damage, potential legal actions, and increased cybersecurity costs for Western Alliance Bank.
The data breach represents a serious cybersecurity incident that could result in legal actions, regulatory penalties, customer trust erosion, and potential financial compensation claims.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100