Minami Tamaki is investigating reports that the popular online marketplace StockX suffered a data breach that exposed the personal information of millions of site members. Members have criticized StockX for failing to disclose information regarding the breach, and instead instructing members to update passwords because of purported “system updates,” until after media reports that a hacker had obtained the information of millions of users.
StockX, which brands itself as the “stock market of things” and has recently been valued at over $1 billion, sent out the password reset email to site members on August 1. The message did not state what prompted the alleged system update or provide further details. However, on August 3, TechCrunch reported that a black market data seller claimed that a hacker stole approximately 6.8 million records from StockX in May 2019. TechCrunch verified these claims by contacting individuals from a sample of records provided by the data seller.
Minami Tamaki attorneys have experience representing individuals who have been harmed by privacy breaches. If you are concerned that your information may have been compromised in the StockX data breach, you may contact us online or call us at 415-788-9000 to set up a free consultation.