Zacks Data Breach: What We Know So Far

August 3, 2023
James McGill
Zacks Investment Research
Data breach Personal information Unauthorized access
Password reset
Credit monitoring
Data breach notification service
Cybersecurity
Financial research
Investment analysis
Reputation
Customer concerns
Social media reactions
Email notification
Security technologies
Zacks Data Breach: What We Know So Far

Zacks Investment Research, a financial services company, has disclosed a data breach that exposed the personal information of millions of users. The breach occurred between November 2021 and August 2022, and impacted the personal information of roughly 820,000 individuals who signed up for one of its products between November 1999 and February 2005.

What We Know

Here is what we know about the Zacks data breach so far:

  • The data breach exposed the personal information of millions of users, including names, email addresses, usernames, unsalted SHA256 passwords, addresses, phone numbers, and first and last names.

  • The data breach was caused by unauthorized access to Zacks' network.

  • Zacks has reset passwords for all affected users and is offering free credit monitoring services to those who were impacted.

  • The hackers also gained access to encrypted passwords, but Zacks said that it has no reason to believe that any customer credit card information or any other customer financial information was accessed.

  • The data breach was first reported by data breach notification service Have I Been Pwned.

What This Means for Users

If you are a Zacks user, you should take the following steps to protect yourself:

  • Change your password for your Zacks account and any other accounts that use the same password.

  • Monitor your credit reports for signs of fraud.

  • Be wary of any emails or phone calls that ask for your personal information.

  • Report any suspicious activity to Zacks.

What This Means for Zacks

The Zacks data breach is a serious setback for the company. The company has a reputation for being a leader in financial research, and the breach could damage that reputation.

Zacks will need to take steps to improve its cybersecurity in order to prevent future data breaches. The company will also need to be transparent with users about the data breach and how it is responding to it.

Additional Information

The Zacks data breach is the second time that the company has been hacked in recent years. In 2020, a hacker exposed a database containing the personal and shipping information of about 100,000 Zacks customers.

Zacks is a financial services company that provides investment research and analysis. The company has over 1 million subscribers worldwide.

Reactions to the Data Breach

The Zacks data breach has been met with a mixed reaction from users. Some users have expressed concern about the security of their personal information, while others have been more critical of the company's response to the breach.

Some users have taken to social media to express their concerns. For example, one user tweeted, "I'm so disappointed in Zacks. I've been a customer for years, and I thought they were a reputable company. I'm worried about my personal information being out there."

Other users have criticized Zacks' response to the breach. For example, one user tweeted, "Zacks has been very slow to respond to this breach. They haven't even sent out an email to affected users yet. I'm not sure what they're waiting for."

Zacks has defended its response to the breach. The company has said that it is taking the breach very seriously and that it is working to protect its users' personal information. Zacks has also said that it will provide more information about the breach as it becomes available.

The Future of Zacks

The Zacks data breach is a serious setback for the company. The company's reputation has been damaged, and it will need to work hard to regain the trust of its users.

Zacks will also need to take steps to improve its cybersecurity in order to prevent future data breaches. The company will need to invest in new security technologies and train its employees on how to protect data.

The Zacks data breach is a reminder of the importance of cybersecurity. Companies need to take steps to protect their data from hackers, and users need to be aware of the risks of data breaches and take steps to protect themselves.

Conclusion

The Zacks data breach is a reminder of the importance of cybersecurity. Companies need to take steps to protect their data from hackers, and users need to be aware of the risks of data breaches and take steps to protect themselves.

Zacks is investigating the data breach and will provide more information as it becomes available. In the meantime, users can take steps to protect themselves by following the tips above.

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