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ARIZONA BUSINESS

Data theft at Barrett-Jackson exposes financial info of high-profile car enthusiasts

Barrett-Jackson Auction Co. is facing a class action lawsuit following a significant data breach that allegedly led to significant financial data theft.

Data theft at Barrett-Jackson exposes financial information...

Barrett-Jackson puts on one of the world's largest collector car auctions every January in Scottsdale. (Photo via Barrett-Jackson Auction Company)

(Photo via Barrett-Jackson Auction Company)

Barrett-Jackson Auction Co., the Scottsdale-based company that puts on several high-profile collector car auctions a year including two in the Valley, is facing a class action lawsuit following a significant data breach.

In late-July, Barrett-Jackson informed affected clients and government regulators that personal information of customers and employees may have been stolen as part of a data breach that occurred around Nov. 25, 2024.

While the company has not released specific details of the breach, it did say in a statement that the November 2024 cyber event impacted “some of the devices” within the Barrett-Jackson network.

While cyber attacks and data breaches are becoming more common, Barrett-Jackson’s clientele includes wealthy and high-profile collector car enthusiasts with a lot of assets to protect.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

Comments

1 Comments

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No Now 1 year ago

A fool and their money were lucky to have gotten together in the first place.