Posted On March 14, 2022 Consumer Privacy & Data Breaches
March 14, 2022 – Recently, Ritchie Bros. Auctioneers announced an unauthorized party gained access to portions of the company’s computer network, resulting in the sensitive information of as many as 9,566 individuals being compromised. It is essential those who receive a data breach notification from Ritchie Bros. Auctioneers understand what is at risk. The data breach lawyers at Console & Associates, P.C. are actively investigating the Ritchie Bros. Auctioneers data breach on behalf of people whose information was exposed. As a part of our investigation, we are providing free consultations to anyone affected by the breach who is interested in learning more about the risks of identity theft, what they can do to protect themselves, and what their legal options may be to obtain compensation from Ritchie Bros. Auctioneers. In 2021, there were 1,862 data breaches affecting more than 189,000,000 individuals. Victims of identity theft spend, on average, 200 hours and more than $1,300 recovering their identity. Many of these victims also suffer credit damage, emotional distress, and may even end up with a criminal record. Taking immediate action is the best way to prevent the worst consequences of a data breach.
According to an official filing by the company, on November 14, 2021, Ritchie Bros. was alerted that an unauthorized user had gained access to portions of the company’s computer system on October 28, 2021. The following day, on November 15, 2021, began an internal investigation of the data security incident. It was later determined that the unauthorized person was able to remove certain files from the company’s internal network and post them online.
Upon learning of the extent of the security breach, Ritchie Bros. Auctioneers then reviewed the affected files to determine what information was compromised. On February 18, 2022, the company completed its review of the leaked data. While the compromised information varies by consumer, it may include individuals’ full names and Social Security numbers.
On March 11, 2022, Ritchie Bros. Auctioneers began sending out data breach notification letters to all individuals whose information was compromised as a result of the recent data security incident.
Ritchie Bros. Auctioneers is a company specializing in selling industrial equipment through live and online auctions. The company entered the auction business in 1955 and is currently based in Burnaby, British Columbia, Canada. Ritchie Bros. has 40 auction sites in 12 different countries. Most of the products sold by the company are used in the construction, transportation, agricultural, material handling, mining, forestry, petroleum, and marine industries.
When you allowed Ritchie Bros. access to your personal data, you trusted the company to keep your sensitive information safe. However, news of the Ritchie Bros. data breach raises some very serious questions about the company’s data security measures and whether the company could have done more to prevent this type of cyber-attack.
Regardless of the industry, all businesses have a legal obligation to protect consumer information in their possession. Although creating and maintaining a data security system is costly, this is a necessary expense given the frequency with which cyberattacks occur.
Consumers whose personal, identifying, financial or healthcare-related data was compromised in a data breach can pursue legal action against a company that misused or mishandled their information. However, the investigation into the Ritchie Bros. Auctioneers breach is only in its beginning phases. For that reason, it is too early to tell if Ritchie Bros. was legally responsible for the breach. However, our data breach attorneys are investigating the Ritchie Bros. Auctioneers security breach to determine the potential legal remedies of those affected.
If you have questions about your ability to pursue a data breach class action lawsuit against Ritchie Bros., contact a data breach attorney as soon as possible.
If you receive a data breach notification from Ritchie Bros. in the coming weeks, it means your personal data was among that which was compromised in the recent cyberattack. It also means a cybercriminal may have had access to—and may have stolen—your personal data. Given the risks involved, it is important you remain vigilant by taking the following steps:
At Console & Associates, P.C., our consumer privacy lawyers monitor all security and data breaches to help affected consumers pursue their legal remedies. We offer free consultations to victims of data breaches and can explain your rights in clear, understandable terms so you can make an informed decision about how to proceed with your case. If you’ve been affected by the Ritchie Bros. data breach or any other data security incident, Console & Associates, P.C., will investigate your case at no charge and offer you thorough advice about how to most effectively proceed with your case. If you decide to bring a case, we only get paid if you do. If your claim is successful, any legal fees are either paid by the defendant or come out of the funds recovered from the defendant. If your claim doesn’t result in a recovery, you will pay nothing.