Slim CD Data Breach Impacts 1.7 Million Customers

A significant data breach at Slim CD, a payment processor based in Florida, has potentially exposed personal information of nearly 1.7 million consumers in the US and Canada. The breach, occurring between August 2023 and June 2024, compromised sensitive data including names, addresses, credit card numbers, and expiration dates, although card verification numbers (CVVs) were not accessed. Slim CD began notifying affected customers on September 6, 2024, advising them to monitor their accounts for suspicious activity and consider placing fraud alerts on their credit files. The firm has not disclosed the specific method of the breach but has engaged third-party specialists to investigate. While there is currently no evidence of misuse of the stolen data, the incident raises serious concerns about cybersecurity and the potential for identity theft. Slim CD is also under scrutiny for the delay in detecting the intrusion, which lasted nearly a year before it was discovered in June 2024.