We want to ensure that you are informed about some recent news. To clarify: within the last week, Hana Financial Inc. stated that there was a data breach in which some customer information was disclosed. If you're a customer of their services or have a Hana Financial account, this may be important to you.
On September 25, 2025, Hana Financial began sending letters to people. The letter provided an offer of two years of free credit monitoring, which is a nice touch; however, also it doesn't eliminate any risk of identity theft.
Do you believe that two years of monitoring is sufficient? I personally feel that companies should do more to ensure our privacy is protected when we have been compromised.
What Happened?
Hana Financial informed the Massachusetts Attorney General that it involved people's names and social security numbers. They provided minimal specificity in their report, including a complete lack of clarity on how the hacker got in or the timeframe for how long the breach occurred.On September 25, 2025, Hana Financial began sending letters to people. The letter provided an offer of two years of free credit monitoring, which is a nice touch; however, also it doesn't eliminate any risk of identity theft.
Information on Hana Financial
Hana Financial is a surprisingly large company! Founded in 1994 and now located in Los Angeles, California, Hana is a non-bank lender. Non-bank lender means they are able to provide businesses with financing, but it does not mean they are a true bank. Hana Financial provides financing in the following areas:- Factoring
- Trade finance
- Transportation finance
- SBA loans
- Asset-based lending
So Why Does it Matter?
Your name and Social Security number are particularly sensitive information which, if a criminal acquires them, they can:- Apply for credit cards or loans in your name
- Commit identity theft
- Impacts to your credit rating
- Brings about financial burden,
Actions To Consider
If you encountered a letter from Hana Financial, just a few steps to help you stay informed are:- Review the letter and store it in a safe place
- Enroll in the free credit monitoring service to assist you
- Regularly review bank and credit card transaction
- Change your passwords and any security question
- Obtain your credit reports to keep an eye out for any questionable accounts
- Optional: Consider placing a fraud alert with the credit bureaus for extra peace-of-mind
Final Thoughts
Regrettably, data breaches are becoming far too common. The breach involving Hana Financial is yet another reminder to be vigilant and safeguard our private data.Do you believe that two years of monitoring is sufficient? I personally feel that companies should do more to ensure our privacy is protected when we have been compromised.
