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IAC Data Breach Lawsuit Investigation
Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in data breach cases, is investigating the Industrial Acceptance Corporation 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 Industrial Acceptance
Industrial Acceptance Corporation, also known as IAC Inc., is a consumer finance company based in New Haven, Connecticut. The company has been in business since 1955, focusing primarily on retail and auto financing.
The company’s main office is located at 138 Orange St. in New Haven.
What Happened?
On Feb. 24, 2025, Industrial Acceptance Corporation became aware of unauthorized activity in its network.
The company responded by taking its systems offline and engaging cybersecurity specialists to investigate the incident. It was later confirmed that IAC experienced a ransomware attack, and a group known as INC claimed responsibility.
By March 4, 2025, the company learned that files had been taken from its network by the unauthorized actor. A detailed review of the compromised files was completed on May 11, 2026.
The types of information exposed in this breach included:
Information Exposed:
- Names
- Social Security numbers
- Driver’s license numbers
On May 28, 2026, IAC began notifying affected individuals by mail. In total, the breach affected 79,216 people in the United States, including 226 residents of Maine.
You May Be Entitled to Compensation
Lawyers are ready to help individuals affected by the Industrial Acceptance Corporation data breach. If your information was exposed, you may be entitled to compensation for the risks and potential harm caused by this incident. To find out if you qualify and to join a lawsuit, complete the below form.
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