Marquis says over 672,000 people had personal and financial data stolen in ransomware attack

Marquis is notifying hundreds of thousands of people that hackers stole personal and financial data, including Social Security numbers. The breach creates immediate remediation and notification costs, elevated risk of regulatory fines and litigation, and material reputational damage that could pressure the company's valuation and customer retention.

Analysis

Marquis is notifying hundreds of thousands of people that hackers stole personal and financial data, including Social Security numbers. The breach creates immediate remediation and notification costs, elevated risk of regulatory fines and litigation, and material reputational damage that could pressure the company's valuation and customer retention.