WaterStreet
Data Breach Class Action Lawsuit

Posted: May 8, 2025 -- Attention, victims of the WaterStreet data breach.

Abington Cole + Ellery is investigating the data breach recently announced by WaterStreet.

WaterStreet Data Breach Summary:

Approximately 25,000 individuals were affected by the WaterStreet data breach.

Breached data may include, but is not necessarily limited to: names, Social Security numbers, and bank account data.

On March 17, 2025, WaterStreet identified irregular activity within its system environment. In response, the organization reportedly initiated an internal investigation to determine the origin and extent of the event and to return affected computer systems to operational status. The inquiry purportedly established that, on the same date, an unauthorized individual had gained access to specific files.

Following this discovery, a detailed examination of the compromised files was reportedly undertaken to assess whether they contained sensitive data. That review apparently revealed that certain files included personal information belonging to specific individuals. Notifications have been issued to affected parties after confirming that their information was present among the impacted records.

As part of its response, WaterStreet claims to have conducted a full security assessment, analyzed the contents of relevant data for sensitive material, and began informing those whose data had been exposed. In parallel, the organization claims to have reviewed its internal protocols concerning the storage and handling of personal data, with the goal of minimizing the likelihood of recurrence. WaterStreet has also stated that it is committed to notifying relevant regulatory bodies, consistent with applicable legal and compliance obligations.

As a result of the data breach, WaterStreet is offering free credit monitoring and/or identity theft protection services to some affected individuals.

Additional information about the WaterStreet data breach may be found here: WaterStreet Data Breach Notification.

About WaterStreet:

WaterStreet Company, founded at the turn of the century, is based in Kalispell, Montana. The company specializes in providing cloud-based software and support services for the property and casualty (P&C) insurance industry, serving carriers, managing general agents (MGAs), insurtechs, and startups. Its platform is hosted on Microsoft Azure and includes policy administration, claims management, billing and accounting, and document management functionalities. (WaterStreetCompany.com)

The WaterStreet P&C Insurance Suite offers integrated tools designed to manage the full policy lifecycle, from quoting and underwriting to billing and claims processing. The system includes a configurable rules-based structure, enabling users to set underwriting guidelines and automate tasks based on business rules. Additionally, the suite features a policyholder portal that allows insured individuals to access policy details, make payments, and engage through various digital channels. (WaterStreetCompany.com)

WaterStreet's Business Intelligence platform provides analytics capabilities tailored for P&C insurers. It offers standard reports and customizable dashboards to support data-driven decision-making. The platform integrates with other system components, facilitating insights across policy, claims, and financial data. The company's services aim to assist insurance organizations in streamlining operations and adapting to market demands. (WaterStreetCompany.com)

The WaterStreet Website may have additional information about or provide periodic updates regarding the data breach.

For more information about steps you can take to possibly reduce the chances harm arising from a data breach, please review the following article: What are some steps you can take if you've been the victim of a data breach?

If you believe you are a victim of the WaterStreet data breach, and if you would like to volunteer to serve as a class representative in a class action lawsuit regarding this data breach, please submit your information via the form on this webpage. This website is not associated with nor authorized by WaterStreet or any affiliated companies. If you have received any other data breach notifications, you may to review Abington Cole + Ellery's current list of data breach investigations.