Legacy Capital Advisors LLC has disclosed a significant data breach involving unauthorized access to employee email accounts. The breach, first detected on September 25, 2023, was traced back to late July 2023, when unauthorized actors accessed several employee accounts. Following the discovery, Legacy promptly secured the affected accounts and engaged third-party forensic experts to investigate the breach. By March 20, 2024, the investigation revealed that sensitive information, including names and Social Security numbers, was exposed.
In response to the breach, Legacy began notifying potentially affected individuals on August 26, 2024. This notification process included sending letters to six Maine residents whose data was identified as being compromised. Additionally, a media notice was published in Georgia on August 27, 2024, informing local residents of the breach. Legacy also posted a notice on its website to reach a broader audience.
To mitigate the impact of the breach, Legacy is offering one year of free credit monitoring services through Experian to all affected individuals. The company has also enhanced its security measures to prevent similar incidents in the future. Legacy’s response includes providing comprehensive guidance to individuals on protecting themselves against identity theft and fraud, including steps for placing fraud alerts, securing credit files, and monitoring credit reports.
Legacy Capital Advisors has reported the breach to federal law enforcement and state regulators. The company is committed to supporting those affected by the breach and has taken significant steps to address the situation and safeguard against future security threats.
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