Just received a notice letter? Cases are filed first-come, first-served. You may be entitled to compensation.
Prosper Marketplace, Inc. was the subject of a data breach notification filed with the OR Attorney General. The AG filing was recorded on December 9, 2025. The breach or discovery date reported in the filing is April 29, 2025.
From the AG filing description
Prosper Marketplace, Inc. operates as a prominent financial technology company and online peer-to-peer lending platform, connecting individual borrowers with institutional and retail investors. Because of its core business model, the company routinely collects, processes, and stores an extensive volume of highly sensitive financial and personal data. To facilitate loans, credit assessments, and investment management, Prosper requires individuals to submit detailed applications containing deeply private financial histories, credit profiles, and core identification numbers. This creates a vast repository of high-value information that makes the platform an attractive target for malicious actors seeking to exploit financial systems for illicit gain. In 2025, Prosper Marketplace, Inc. reported a significant data security incident to the Oregon Attorney General, signaling a breach of its digital infrastructure. While the exact vectors of the attack are continuously evaluated during ongoing forensic investigations, incidents affecting financial technology platforms typically involve sophisticated cyberattacks such as unauthorized access to backend databases, credential harvesting, or vulnerabilities within third-party vendor ecosystems. In the financial sector, these breaches often exploit gaps in network perimeter defenses or API security, allowing unauthorized parties to infiltrate systems and dwell undetected while exfiltrating sensitive consumer files. The data compromised in this incident likely includes core identifiers and sensitive financial records, such as full names, Social Security numbers, dates of birth, bank account numbers, routing numbers, and credit score information. The exposure of this combination of data creates severe, long-term risks for affected individuals. Social Security numbers and dates of birth form the foundational keys for identity theft, enabling bad actors to open fraudulent credit accounts, secure unauthorized loans, or drain existing financial assets. Furthermore, compromised bank routing and account numbers expose victims to direct account takeover and fraudulent wire transfers, threatening their immediate financial security and requiring extensive recovery efforts. As a financial institution handling consumer data, Prosper Marketplace, Inc. is subject to stringent federal and state regulatory frameworks, including the Gramm-Leach-Bliley Act (GLBA) and applicable Oregon state data protection laws. These legal standards impose affirmative duties on financial entities to maintain robust administrative, technical, and physical safeguards to protect non-public personal information. The occurrence of a data breach strongly suggests a potential failure to meet these statutory obligations, such as inadequate encryption standards, delayed patching of vulnerabilities, or insufficient monitoring of third-party network access, leaving the company legally accountable for the resulting exposure of consumer data. Receiving a data breach notification letter from Prosper Marketplace, Inc. is a formal acknowledgment that your private financial information was compromised due to corporate security failures. Legally, this notification establishes the foundation and standing necessary to participate in a class action lawsuit aimed at holding the company accountable. Importantly, affected individuals do not need to prove that they have already suffered actual financial loss or identity theft to seek legal redress; the increased risk of future harm is sufficient under the law. Our firm handles these complex class action cases on a strict contingency fee basis, meaning you pay nothing out of pocket and owe no attorney fees unless we successfully recover compensation on your behalf.
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.
You may have been affected by the Prosper Marketplace, Inc. data breach if:
Common categories of compensation in data breach class actions
Courts recognize that the time spent monitoring accounts, placing credit freezes, and dealing with the aftermath of a breach has real economic value. This category of damages is recoverable even without direct financial loss.
Professional credit monitoring services cost $10–$40 per month. Identity theft restoration services, if needed, can cost hundreds of hours and thousands of dollars. Courts have awarded these costs as direct damages in SSN breach cases.
Direct financial losses resulting from the breach — unauthorized charges, fraudulent transfers, or fees incurred through fraud — are recoverable as compensatory damages. Banks may reverse some charges; a class action recovers the remainder and associated costs.
Data breach victims regularly report anxiety, loss of sleep, and ongoing fear of identity theft. These non-economic harms are cognizable injuries in data breach litigation, particularly in cases involving SSN or medical record exposure.
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 Oregon Consumer Information Protection Act, which mandates notification and establishes your right to seek damages.
No. Under Oregon Consumer Information 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 Prosper Marketplace, Inc. 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 Prosper Marketplace, Inc. during the relevant period, you may still qualify even without receiving a letter. A free eligibility review can confirm your status.
Received a notification letter from Prosper Marketplace, Inc.?
Read our dedicated guide — what the letter means and what to do.
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 OR. This website is not affiliated with, endorsed by, or operated by any state government agency.
Prosper Marketplace, Inc. breach?
Free case review · No fee unless you win