INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Western Alliance Bank Data Breach
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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 customer data 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 26, 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 exposes Western Alliance Bank to potential lawsuits, regulatory penalties, customer trust erosion, and increased cybersecurity investment requirements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100