Moser Wealth Advisors recently reported a data breach to the Attorney General of Maine, disclosing that sensitive personal information in its systems may have been compromised. The firm became aware of suspicious activity within its computer network on July 8, 2024, which led to an internal investigation. The investigation revealed that an unauthorized actor potentially accessed sensitive data, though the specific types of information exposed have not been made public. State reporting guidelines indicate that this may include names, Social Security numbers, driver’s licenses, account details, and passwords.
Following the discovery, Moser Wealth Advisors undertook a thorough review to identify the exact nature of the information affected and to determine which individuals were impacted by the breach. This review process took time, but it enabled the firm to notify affected individuals and inform them of what personal data may have been compromised. The company also highlighted that there is no evidence yet of the misuse of the compromised data, though they continue to monitor the situation.
On August 22, 2024, Moser Wealth Advisors began sending data breach notification letters to all impacted individuals. These letters provided specific details on what information was exposed and offered victims access to complimentary credit monitoring services. The company emphasized its efforts to safeguard personal data, but also urged recipients to stay vigilant by monitoring their personal accounts and taking advantage of the protective services offered.
Moser Wealth Advisors, based in Bellevue, Washington, is a wealth management firm that specializes in providing high-net-worth individuals and businesses with comprehensive financial planning solutions. Founded in 2006, the firm offers a range of services that include tax and investment advice, leveraging its expertise to create sophisticated strategies for wealth accumulation. The company remains committed to resolving the security incident and ensuring the safety of its clients’ personal data going forward.
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