At Console & Associates, our data breach lawyers are closely examining the recent EFS Advisors data breach. This breach was disclosed following a cyber security incident, which may have affected as many as 31,042 individuals, potentially exposing sensitive personal information.
A recent report from the Attorney General of Massachusetts states that the EFS Advisors was compromised due to a cyber security attack that was discovered on February 22, 2024 after the company identified suspicious activity within its computer network. An investigation confirmed that the incident resulted from a zero-day vulnerability in a software program used by an external IT provider. Data breach letters were sent out by EFS Advisors on May 23, 2024 informing affected individuals about the nature of the incident and compromised data.
Based in Cambridge, Minnesota, EFS Advisors LLC is an investment advisory firm that offers insurance products, investment management, retirement planning and financial planning services.
How do you know that you were affected by the EFS Advisors 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 attorneys for a no-cost consultation about your situation, your eligibility to file a data breach class action lawsuit 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.
Explore our “Guide for Victims of a Data Breach” to better understand protective measures you can take to better protect yourself against identity theft and learn how to secure your information effectively after a data breach.