EFS Advisors Data Breach Investigation

Strauss Borrelli PLLC, a leading data breach law firm, is investigating EFS Advisors LLC (“EFS”) regarding its recent data breach. The EFS data breach involved sensitive personal identifiable information belonging to over 31,000 individuals.

ABOUT EFS ADVISORS LLC:

EFS is an investment advisory firm based in Minnesota. Founded in 1989, EFS’ roots were founded in retirement planning services with a specialty in state pension and 403(b) plans.3 This included helping local teachers, government workers, and non-profit employees with their unique retirement options.3 Today, EFS strives to provide the best tools and resources to support educators and employees of non-profit organizations.3 Headquartered in Cambridge, Minnesota, EFS employs over 50 individuals.

WHAT HAPPENED?

Recently, EFS discovered that it had experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed. Through its investigation, EFS determined that an unauthorized actor may have accessed this sensitive information on or about February 22, 2024. On May 20, 2024, EFS began notifying individuals whose information may have been impacted. The type of information potentially exposed includes:

  • Name
  • Social Security number

If you received a breach notification letter from EFS Advisors LLC:

We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at 872.263.1100 or sam@straussborrelli.com.

What can you do if you were impacted by a data breach?

If you were impacted by a data breach, you may consider taking the following steps to protect your personal information.

  1. Carefully review the breach notice and retain a copy;
  2. Enroll in any free credit monitoring services provided by the company;
  3. Change passwords and security questions for online accounts;
  4. Regularly review account statements for signs of fraud or unauthorized activity;
  5. Monitor credit reports for signs of identity theft; and
  6. Contact a credit bureau(s) to request a temporary fraud alert.

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What can you do if you were impacted by a data breach?

If you were impacted by a data breach, you may consider taking the following steps to protect your personal information.

  1. Carefully review the breach notice and retain a copy;
  2. Enroll in any free credit monitoring services provided by the company;
  3. Change passwords and security questions for online accounts;
  4. Regularly review account statements for signs of fraud or unauthorized activity;
  5. Monitor credit reports for signs of identity theft; and
  6. Contact a credit bureau(s) to request a temporary fraud alert.

One Magnificent Mile
980 N Michigan Avenue, Suite 1610
Chicago, Illinois 60611

Phone: 872.263.1100
Toll Free: 866.748.6220

One Magnificent Mile
980 N Michigan Avenue, Suite 1610
Chicago, Illinois 60611

Phone: 872.263.1100
Toll Free: 866.748.6220

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©2024 STRAUSS BORRELLI PLLC. ALL RIGHTS RESERVED. ATTORNEY ADVERTISING.

PRIVACY POLICY  |  TERMS & CONDITIONS  |  COOKIE POLICY