CUSO Financial Services Data Breach Class Action Investigation

At Console & Associates, our data breach lawyers are closely examining the recent CUSO Financial Services, LP (“CUSO”) data breach. This data breach was disclosed following a cyber security incident at CUSO Financial Services, which may have affected as many as 75,116 individuals, potentially exposing sensitive personal identifiable information.

What Happened?

According to a report filed with the Maine Attorney General's office, CUSO Financial Services experienced a data breach through their third-party communications archiving service provider. The incident, discovered on January 19, 2024, revealed unauthorized access to a CUSO employee's account spanning from December 19, 2023, to January 19, 2024. This access potentially compromised confidential consumer information stored within the account. CUSO Financial Services began sending data breach notification letters on October 28, 2024, alerting affected individuals about the security incident and its potential impact on their personal information. While the specific types of exposed data vary by individual, affected persons should carefully review their notification letters for details about their compromised information.

Steps To Take If You Were Affected By A Data Breach

1. Monitor all accounts and credit reports closely
2. Consider freezing your credit
3. Look out for phishing attempts using information from the CUSO Financial Services data breach
4. Change passwords for affected accounts
5. Enable two-factor authentication where possible

For more detailed guidance, explore our “Guide for Victims of a Data Breach” to better understand measures you can take to protect yourself after a data breach.

CUSO Financial Services Overview

CUSO Financial Services, LP operates as a broker-dealer based in San Diego, California. A subsidiary of Atria Wealth (recently acquired by LPL Financial), CUSO specializes in providing financial services to credit unions and banks. With over 670 employees and approximately $354 million in annual revenue.

CUSO Financial Services Data Breach Victims Have Rights - Don’t Wait to Act

How do you know that you were affected by the CUSO Financial Services data breach? Usually victims receive a NOTICE OF DATA BREACH in the mail, but the impact of a breach can be felt long before notices are sent to those affected. This can be in the form of fraudulent financial activity and other forms of identity theft.

If you believe you were affected, we encourage you to reach out to our data breach law firm for legal assistance through a no-cost consultation about your situation. We will review your eligibility to file a data breach class action lawsuit and discuss your legal rights and any compensation that may be available to you.

Complete our confidential contact form below and a member of our legal team will be in touch.