TX · AG Filing: Nov 21, 2025
No cost. No obligation. If your data was exposed by Byzfunder NY LLC, you may be entitled to financial compensation.
Start Free Review →Based on the data types reported in this filing:
Your SSN is the master key to your identity. Once exposed, criminals can open new lines of credit, take out loans, or file taxes in your name.
Combined with a name and other leaked data, date of birth helps criminals pass identity verification questions at banks and government agencies.
Byzfunder NY LLC was the subject of a data breach notification filed with the TX Attorney General. The AG filing was recorded on November 21, 2025. The breach or discovery date reported in the filing is September 1, 2025.
From the AG filing description
Byzfunder NY LLC operates as a specialized financial services and merchant cash advance provider, offering critical liquidity, working capital solutions, and alternative funding options to small and medium-sized businesses. Because of the nature of commercial lending, underwriting, and transactional processing, companies in this sector routinely collect, evaluate, and store vast quantities of exceptionally sensitive financial, corporate, and personal data. This typically includes detailed banking histories, corporate tax returns, personal guarantees, credit scores, Social Security numbers of business owners, and granular transactional data necessary to assess creditworthiness and service commercial accounts. In 2025, Byzfunder NY LLC reported a significant data security incident to the Texas Attorney General, signaling a troubling breakdown in its administrative, technical, and physical safeguards. While exact forensic details continue to emerge, incidents impacting financial services firms of this scale frequently stem from unauthorized network intrusions, sophisticated ransomware deployments, or vulnerabilities within third-party vendor ecosystems and digital loan origination platforms. When cybercriminals successfully breach the perimeter of a financial institution, they often gain prolonged, undetected access to internal databases containing proprietary financial records and personally identifiable information. The exposure of this information creates profound and immediate risks for the affected individuals whose data was compromised. Financial and corporate data elements—such as full names, Social Security numbers, dates of birth, bank account and routing numbers, and credit histories—are precisely the ingredients bad actors require to execute identity theft, unauthorized account takeovers, fraudulent loan applications, and devastating tax fraud. Unlike transient data, core identifiers like Social Security numbers and banking details cannot be easily changed, leaving victims exposed to long-term financial uncertainty, compromised credit profiles, and ongoing vulnerability to targeted phishing and social engineering schemes. As a financial services provider handling sensitive consumer and business data, Byzfunder NY LLC was bound by rigorous legal and regulatory obligations to secure its infrastructure under applicable state and federal frameworks, including the Gramm-Leach-Bliley Act (GLBA) and state consumer protection statutes. These laws mandate the implementation of robust administrative safeguards, continuous network monitoring, data encryption, and stringent access controls. The occurrence of a data breach of this magnitude serves as a strong indicator that the company may have failed to uphold these mandatory standards, potentially neglecting to maintain reasonable security measures commensurate with the sensitive nature of the financial data it held. Receiving a data breach notification letter from Byzfunder NY LLC is an official acknowledgment that your private information was compromised due to corporate negligence. Legally, this notice establishes your standing to participate in a class action lawsuit aimed at holding the company accountable for failing to safeguard your data. You do not need to prove that you have already suffered actual financial fraud or out-of-pocket loss to seek legal recourse; the increased risk of future identity theft alone is recognized under the law. Our firm is actively investigating this breach and evaluates potential claims on a strict contingency fee basis, meaning you pay nothing unless we successfully recover compensation on your behalf.
You may have been affected by the Byzfunder NY LLC data breach if:
Common categories of compensation in data breach class actions
The hours spent responding to a data breach — canceling accounts, contacting credit bureaus, updating passwords, and investigating fraud — represent compensable economic harm in data breach litigation.
Once your SSN is exposed, protection becomes an ongoing expense. Plaintiffs in data breach settlements have recovered costs for credit freezes, identity protection subscriptions, and time spent dealing with fraudulent accounts — sometimes covering multiple years of exposure.
Fees charged to close and reopen accounts, issue replacement cards, or dispute fraudulent transactions are recoverable in data breach litigation. So are the costs of overdrafts, late payments, and credit damage caused by unauthorized activity.
Several state data breach laws provide for statutory minimum damages — fixed amounts recoverable per affected individual regardless of actual loss. These provisions exist specifically to make legal action viable for victims who have not yet experienced direct harm.
Note: an attorney general breach filing does not by itself establish a settlement fund, a payment amount, or a claim deadline. If an official settlement notice is later issued, rely on that notice for payment details and deadlines.
Applicable State Law
This breach was reported under the Texas Identity Theft Enforcement and Protection Act, which mandates notification and establishes your right to seek damages.
No. Under Texas Identity Theft Enforcement and Protection Act and federal law, the unauthorized exposure of your personal data — regardless of whether it has been actively misused — can be sufficient grounds for a claim. The breach itself is the injury.
Nothing. The Law Office of David S. Harris handles data breach cases on contingency — you pay zero upfront and owe nothing unless compensation is recovered.
Immediately place a free credit freeze at all three bureaus (Equifax, Experian, TransUnion). A freeze blocks new accounts from being opened in your name. Then file a complaint with the FTC at IdentityTheft.gov and contact our office — SSN exposure is one of the most serious breach types.
Banks may reverse fraudulent charges, but they are not obligated to compensate you for time lost, stress, or indirect damages. A class action claim against the breached company can recover those additional categories of harm.
Statutes of limitations for data breach claims vary by state but typically run 2–4 years. Depending on when you learned of the breach, you may still have time. Contact our office for a free eligibility review — there is no cost to find out.
Accepting free credit monitoring from Byzfunder NY LLC does not waive your right to pursue legal action unless you signed a specific release waiving claims. In most cases, victims who accepted monitoring can still file.
Not necessarily. Many data breach victims are never notified directly. If your personal information was held by Byzfunder NY LLC during the relevant period, you may still qualify even without receiving a letter. A free eligibility review can confirm your status.
Learn how to participate in the class action and what compensation you may be entitled to.
Join the Class Action →Use our verification tool to confirm your letter matches this official AG filing.
Verify My Notice LetterThis case file references a public filing made with the state filing in TX. This website is not affiliated with, endorsed by, or operated by any state government agency.
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