Thu.Nov 07, 2024

article thumbnail

Collector Facing Class-Action Lawsuit Following Ransomware Attack

Account Recovery

A class-action lawsuit has been filed this week against a collection agency after it was the victim of a ransomware attack and data breach. The breach, which occurred in June 2024, involved unauthorized access by cybercriminals who targeted the defendant’s computer systems using ransomware, specifically a threat actor known as “Play.” The breach was not detected until August, and affected individuals were notified last month.

article thumbnail

Judge Denies MTD in FCRA Case Over Disputed Debt

Account Recovery

A District Court judge in North Carolina has denied a defendant’s motion to dismiss a Fair Credit Reporting Act suit, ruling the plaintiff’s inability to subsequently get approved for an apartment sufficient for her to have standing, and questioned the defendant’s dispute investigation process is enough to keep the case alive. The background: The case centers on an alleged misreporting of a debt that the plaintiff never incurred.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Getting to Know Karen Wisniowski of Orlans PC

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de

article thumbnail

Williams & Fudge Announces Promotion of Jon Balon to Chief Technology Officer

Account Recovery

Williams & Fudge, Inc. (“WFI”), an industry leading receivables management firm, is pleased to announce the promotion of Jon Balon from Vice President of Technology, Product and Innovation to Chief Technology Officer (CTO) effective November 1, 2024. This promotion is part of a broader corporate restructure aimed at supporting continued growth and strategic alignment.

article thumbnail

Solve Your Firms Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

article thumbnail

Daily Digest – November 7. Getting to Know Karen Wisniowski of Orlans PC; Trump’s Return Signals Regulatory Shake-Up for the Collection Industry

Account Recovery

Getting to Know Karen Wisniowski of Orlans PC Judge Denies MTD in FCRA Case Over Disputed Debt Collector Facing Class-Action Lawsuit Following Ransomware Attack Trump’s Return Signals Regulatory Shake-Up for the Collection Industry Williams & Fudge Announces Promotion of Jon Balon to Chief Technology Officer WORTH NOTING: ChatGPT paid big bucks to buy the domain chat.com … Jon Stewart had some harsh words for pollsters who weren’t even close in predicting the outcome of Tuesday&#