Interactive Data

Interactive Data, also known as IDC, operates as a consumer data broker headquartered in the United States of America. The organization collects and provides detailed personal and financial records on individuals to its clients. These records are used for purposes such as credit evaluation, lending decisions, and verification of identity. A cybersecurity researcher identified a fraud group that exploited compromised accounts at Interactive Data in June 2020. The attackers used the stolen personal and financial information to impersonate individuals and businesses. They submitted fraudulent applications for COVID-19 economic relief programs, including small business loans and unemployment insurance claims.

The firm serves clients that require consumer information, although specific sectors are not named in the available sources. No explicit figures regarding employee count, revenue, or customer base are provided in the material. Consequently, any description of the company's scale remains unspecified. The 2020 incident resulted in tens of millions of dollars being stolen from federal and state treasuries through the fraudulent loans and claims. The fraudulent activity was facilitated by the insecure sharing of harvested data via an email service. These outcomes underscore the potential financial impact when consumer data is compromised.

Interactive Data distinguishes itself by specializing in the aggregation and distribution of personal and financial data sets. This focus positions it within the broader data brokerage industry as a provider of information that can be used for financial services and government program administration. The company's competency lies in assembling detailed records that enable verification of identity and financial standing. Such capabilities are relevant to sectors that rely on accurate consumer data for risk assessment and compliance. The breach highlighted both the value of the data it holds and the risks associated with its protection. Protecting this type of information is critical to preventing misuse in fraud schemes.

Ownership details, including whether the company is publicly traded, privately held, or a subsidiary of another entity, are not disclosed in the supplied information. Therefore, any description of its corporate structure remains unspecified based on the current source material. No information about parent companies, subsidiaries, or recent mergers and acquisitions is available in the provided context. As a result, the profile focuses solely on the confirmed facts about the organization's activities and the reported incident.