In recent news, a serious data breach incident has come to light, prompting investigation from the law firm Edelson Lechtzin LLP. The breach affects customers of Velocity Risk Underwriters, LLC (commonly known as Velocity), which specializes in property insurance, particularly for high-risk areas across the United States. The law firm’s investigation stems from an alarming revelation made on April 28, 2025, when Velocity was notified of unusual network activity by WaterStreet Company, a prior third-party vendor.
What Happened
On March 17, 2025, WaterStreet detected suspicious activity related to data it previously hosted for Velocity. Following a comprehensive internal probe, it was confirmed that sensitive information belonging to Velocity's clients had likely been compromised. This potentially exposed a variety of personal details, including names, Social Security numbers, financial accounts, and tax identification numbers, raising significant concerns about identity theft and related issues.
Next Steps for Affected Individuals
Those who have received data breach notifications from Velocity are urged to take immediate steps to safeguard their personal information. Monitoring accounts for unauthorized transactions and scrutinizing credit reports for signs of fraud are crucial measures during this vulnerable period. Such proactive strategies are vital to mitigating the risks associated with identity theft, which can have long-lasting effects on individuals' financial health.
Legal Recourse
Edelson Lechtzin LLP is actively pursuing a class action lawsuit aimed at seeking legal remedies and restoring justice for affected individuals. If you suspect that your data may have been compromised due to this breach, it is recommended to consult with legal professionals who can guide you through your options.
About Edelson Lechtzin LLP and Velocity
Edelson Lechtzin LLP, a renowned class-action law firm with operational bases in Pennsylvania and California, specializes not only in data breach cases but also in litigation concerning securities fraud, antitrust violations, and consumer protection. Meanwhile, Velocity Risk, known for its insurance services mainly in disaster-prone regions, faces a critical moment as it reassesses its data management practices and addresses the repercussions of this incident.
As the investigation unfolds, both legal representatives and the affected customers will be closely watching the developments. Transparency and accountability are paramount as the affected parties look for answers and to ensure such incidents do not recur in the future.
Contact Information
For individuals who have queries or require assistance regarding the data breach, the following contact details for Edelson Lechtzin LLP may be of use:
Address: 411 S. State Street, Suite N-300, Newtown, PA 18940
Phone: 844-696-7492 ext. 2
Email: [email protected]
Website: www.edelson-law.com
Conclusion
The Velocity data breach emphasizes the vital importance of data security in our increasingly digital world. It serves as a critical reminder for both organizations and individuals to remain vigilant in protecting sensitive information. As the legal proceedings progress, many will be looking towards the outcome for a closure in a troubling situation.