Wells Fargo Data Breach

The March 2024 Data Breach at Wells Fargo

In a recent security incident, Wells Fargo Bank, N.A. experienced a data breach that potentially compromised certain personal information of its customers. This event was promptly reported to the Massachusetts Attorney General's office, reflecting the seriousness with which the bank is treating the situation.

Information Exposed

The following types of consumer information were exposed during the breach:

• Names
• Mortgage account numbers

Wells Fargo Bank, N.A's Response

Upon discovering the breach, Wells Fargo took immediate action to address the situation and mitigate any potential harm. The bank has initiated continuous monitoring of affected accounts to detect any suspicious activity and has implemented additional security measures to prevent future incidents. Furthermore, Wells Fargo has taken appropriate actions in line with their policies and procedures concerning the employee involved in the breach.

To support customers affected by this breach, Wells Fargo is offering a complimentary two-year subscription to Experian IdentityWorksSM. This service includes identity theft detection, credit monitoring from the three major credit reporting agencies, and full-service identity restoration. Customers are encouraged to activate their subscription using the unique codes provided in the notification letter or by visiting Experian IdentityWorks.

Actions to Take if You Are Affected

If your information was compromised in this data breach, there are several steps you can take to protect yourself:

• Monitor Your Accounts: Regularly check your account statements and monitor your credit reports for any unauthorized activity.
• Activate Credit Monitoring: Use the complimentary service provided by Wells Fargo to keep an eye on your credit status across different bureaus.
• Secure Your Personal Information: Change passwords and update security questions for any related accounts.
• Place Fraud Alerts and Credit Freezes: Consider placing a fraud alert or a credit freeze on your credit reports to make it harder for identity thieves to open accounts in your name.

For more detailed guidance and to access additional resources, please refer to the full notice provided by Wells Fargo.

About Wells Fargo Bank, N.A

Wells Fargo & Company is a leading financial services company that offers a broad range of banking, investment, and mortgage products and services, as well as consumer and commercial finance. The company is headquartered in San Francisco and serves one in three households in the United States, employing approximately 250,000 team members globally.

By taking these steps and staying informed, you can help safeguard your personal and financial information from further risk. If you have any concerns or need additional support, Wells Fargo's customer service is available to assist you.