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Byzfunder Data Breach Investigation
Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in data breach cases, is investigating the Byzfunder NY LLC data breach.
If you were affected by the data breach, your sensitive personally identifiable information may have been exposed, and you may be eligible for compensation.
About Byzfunder NY
Byzfunder NY LLC is a financial services company based in New York City. Since its founding in 2018, Byzfunder has focused on providing alternative lending solutions to small and medium-sized businesses across the United States.
The company offers short-term business loans, merchant cash advances and other flexible financing options, aiming to help businesses that may not qualify for traditional bank loans.
What Happened?
On September 19, 2025, Byzfunder discovered suspicious activity within one of its cloud software solutions. The company launched an investigation and brought in cybersecurity specialists to assist.
It was determined that, between Sept. 1, 2025, and Sept. 20, 2025, certain files may have been accessed or acquired without authorization. The breach impacted at least 15,164 people across the United States, including 226 residents in Massachusetts and 32 in Maine. Byzfunder began notifying affected individuals by mail on Nov. 19, 2025.
Information Exposed:
- Names
- Social Security numbers
- Addresses
- Phone numbers
The data breach was disclosed to the Maine and Massachusetts Attorney General's offices on Nov. 19, 2025, and the Vermont Attorney General on Nov. 20, 2025.
Your Rights and Next Steps
If you received a notice from Byzfunder regarding this data breach, it is important to take action to protect your personal information. You may be entitled to seek compensation for any harm or inconvenience caused by this cybersecurity incident.
Here are the steps you can take:
- Credit monitoring and identity protection services: Enroll in the 12 months of free IDX credit monitoring and identity protection services, offered by the company.
- Monitor your accounts carefully: Check your financial statements regularly for suspicious activity or unauthorized transactions. If you notice anything unusual, contact your financial institution immediately.
- Fraud alert and credit reports: A fraud alert informs creditors to take extra steps to verify your identity before opening new accounts in your name. Consumers are also entitled to one free credit report annually from each credit bureau. You can request a fraud alert or a credit report by contacting any one of the three major credit bureaus.
- Seek legal help: Lawyers are ready to help you understand your rights and pursue compensation.
You May Be Entitled to Compensation
If your information was exposed in the Byzfunder data breach, you may be eligible for compensation. Lawyers are ready to help affected individuals pursue monetary claims related to this incident.
To find out if you qualify and to join a potential lawsuit, complete the form below.
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