What's Happening?
Edelson Lechtzin LLP is investigating a data breach at 700Credit, LLC, which occurred on October 25, 2025. The breach involved unauthorized access to the 700Dealer.com web application, compromising sensitive
personal information of approximately 5.6 million individuals. The affected data includes personal contact details, Social Security numbers, and driver's license numbers. 700Credit, a major provider of credit reports and identity verification services, notified nearly 18,000 auto dealerships about the breach on November 21.
Why It's Important?
This data breach is significant due to the large number of individuals affected and the sensitivity of the compromised information. The breach poses potential risks of identity theft and financial fraud for those impacted. It also raises concerns about data security practices within companies handling sensitive consumer information. The investigation by Edelson Lechtzin LLP could lead to legal actions seeking remedies for affected individuals, highlighting the importance of robust cybersecurity measures and accountability in protecting consumer data.
What's Next?
As the investigation by Edelson Lechtzin LLP progresses, affected individuals may be advised to take protective measures such as credit monitoring or freezing their credit to prevent identity theft. The law firm may pursue a class action lawsuit to seek compensation for those impacted. Additionally, regulatory scrutiny on data protection practices in the industry could increase, prompting companies to enhance their cybersecurity protocols to prevent future breaches.
