Turke & Strauss LLP, a prominent data breach law firm, is currently conducting an investigation into National Advisors Trust concerning a recent data breach affecting over 14,000 individuals. The breach, discovered by National Advisors Trust, revealed that sensitive personal identifiable information may have been accessed through unauthorized access to four employee email accounts around April 17, 2023. The compromised data includes names, social security numbers, driver’s license or state ID numbers, and financial account numbers. The investigation initiated by Turke & Strauss LLP underscores the severity of the incident, urging affected individuals to take immediate action to protect their compromised information. National Advisors Trust has commenced the notification process on February 2, 2024, providing crucial details to those potentially impacted.
National Advisors Trust, a provider of nationwide trust, custody, and concierge services, is a family of companies with significant advisor relationships and assets under administration totaling $8 billion as of December 2023. The breach poses concerns not only for the affected individuals but also for the broader network of wealth management firms and advisors associated with National Advisors Trust. As the investigation unfolds, the incident underscores the critical need for robust cybersecurity measures in the financial services sector.
