Designed Receivable Solutions Details

Designed Receivable Solutions

Columbia, South Carolina • employees • Professional, Scientific, and Technical Services

https://www.drsi360.com/

Industry

Professional, Scientific, and Technical Services

Security Incidents

Designed Receivable Solutions (DRS) is a company that specializes in accounts receivable management and debt collection services. The organization assists businesses in improving their cash flow by efficiently managing and collecting overdue invoices. DRS offers a range of services including early-out services, first-party collections, third-party collections, and customized receivables management solutions to suit the specific needs of their clients.

Since its founding, DRS has established itself as a reputable player in the financial services industry by leveraging technology and data-drive...
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Security Incidents

Designed Receivable Solutions Breach of Jan 2024

Severity Score

High

Type

Data Breach

Summary

Designed Receivable Solutions (DRS), a healthcare revenue cycle management services provider, reported a significant increase in the number of individuals affected by a recent data breach, reaching 585,000. The breach was detected on January 22, 2024, revealing unauthorized access and theft of files containing protected health information and personally identifiable information. The compromised data includes names, addresses, dates of birth, Social Security numbers, health insurance data, and medical information. Initially, DRS estimated the impact to be less than 130,000 people, but this figu...
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Severity

The cyber security incident at Designed Receivable Solutions (DRS) resulted in a significant breach affecting 585,000 individuals, exposing sensitive information like names, addresses, Social Security numbers, and medical data. The breach impacted numerous healthcare organizations and involved sophisticated intrusion techniques to access and steal files containing protected health information. Given the large number of affected individuals, the sensitivity of the stolen data, and the potential for significant personal and financial harm, the severity of the incident can be described as "High,"...
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Impact

The recent cyber incident at Designed Receivable Solutions (DRS) was a significant data breach that compromised sensitive information belonging to around 585,000 individuals. The exposed data included protected health information (PHI) and personally identifiable information (PII) such as names, addresses, dates of birth, Social Security numbers, health insurance details, and medical records. Although there is no evidence of a ransomware attack and no known group has claimed responsibility, the breach affected several healthcare organizations and their customers. DRS did not report any systems...
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