Commonwealth Business Bank Data Breach

On or about February 6, 2025, Commonwealth Business Bank (“CBB”) discovered suspicious activity affecting certain systems within its network. The company immediately secured its environment and engaged third-party cybersecurity specialists to investigate. The investigation determined that unauthorized access occurred between January 25, 2025, and February 8, 2025, during which certain files and folders were potentially viewed or acquired without authorization.

While there is no evidence of misuse, CBB concluded that sensitive personal information may have been involved. Out of caution, CBB is notifying affected individuals and offering complimentary credit monitoring and identity restoration services through Experian IdentityWorks.

Established in 2005 and headquartered in Los Angeles, California, Commonwealth Business Bank provides banking and financial services to businesses and individuals.

Following the breach, CBB implemented enhanced security measures and continues to monitor its systems.

If you received a Data Breach notification letter from CBB, it confirms that your information was potentially impacted.

What information is involved in the Commonwealth Business Bank Data Breach?

Compromised information may include:

Your Personally Identifiable Information (PII) includes details that can be used to identify you. Organizations are legally obligated to safeguard this data, and failure to do so can result in statutory fines and other legal consequences. If PII is stolen, it may be exploited by criminals to commit identity fraud.

Financial information is highly sensitive and often targeted by cybercriminals. Compromised account data can lead to unauthorized transactions and identity theft.

If your data has been exposed in a breach, one of the most effective steps you can take is to enroll in credit and identity monitoring services promptly.

Residents of California benefit from additional privacy protections under the California Consumer Privacy Act (CCPA), which grants enhanced rights regarding personal data.

If you received a NOTICE OF DATA BREACH letter from Commonwealth Business Bank, your personal and financial information may be at risk. This type of data can be exploited by identity thieves to commit fraud and other crimes.

Contact the Data Breach Lawyers at Emery | Reddy, PC for a Free Case Review today.