At Console & Associates, our data breach lawyers are closely examining the recent Kovack Financial data breach. This breach was disclosed following a cyber security incident, which may have affected as many as 43,324 individuals, potentially exposing sensitive personal information.
A recent report from the Attorney General of Maine states that Kovack Financial was compromised due to a cyber security attack that was discovered on September 5, 2023 after the company determined that an unauthorized party accessed certain company email accounts. An investigation confirmed that a third-party vendor experienced a cyber security issue that impacted personal information belonging to Kovack Financial clients. On June 10, 2024, Kovack Financial also confirmed that emails were viewed by an unauthorized party between August 15, 2023 and September 5, 2023. Data breach letters were sent out by Kovack Financial on July 9, 2024 informing affected individuals about the nature of the incident and compromised data.
Based in Fort Lauderdale, Florida, Kovack Financial is a privately owned independent broker-dealer providing back-office support, technology, compliance, and consulting services.
How do you know that you were affected by the Kovack Financial 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. We will review your eligibility to file a data breach class action lawsuit and any compensation that may be available to you.
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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.