On June 7, 2024, Financial Northeastern Companies reported a data breach to the Attorney General of Massachusetts, revealing that an email phishing attack had compromised employees’ sensitive information. The breach, discovered on February 21, 2024, allowed unauthorized access to personal data including names, addresses, and Social Security numbers.
The phishing attack occurred on January 30, 2024, targeting the company’s employees. Following the attack, Financial Northeastern initiated a thorough investigation to assess the breach’s impact. The investigation revealed that sensitive consumer information had been exposed.
After determining which files were compromised, the company completed its review on May 17, 2024. Notifications were then sent to affected individuals, detailing the specific information that was exposed. This process aimed to inform and assist those impacted by the breach.
Financial Northeastern Companies, based in Fairfield, New Jersey, provides various financial services and manages an investment base of nearly $4.8 billion. The company, founded in 1984, has over 70 employees and generates about $19 million in annual revenue.
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