Strauss Borrelli PLLC, a leading data breach law firm, is investigating Kevin Grunawalt, which does business as Verso Financial, LLC (“Verso”) regarding its recent data breach. The Verso data breach may have involved sensitive personal identifiable information belonging to an undetermined number of individuals.
ABOUT KEVIN GRUNAWALT D/B/A VERSO FINANCIAL, LLC:
Verso is a financial service provider based in Indiana. Today, Verso serves executives, professionals, business owners and single, widowed, and divorced women in the areas of investment strategies, retirement planning, tax strategies, estate planning, insurance, business continuation programs and financial services.2 Additionally, Verso is a part of Canvas Financial, a nationwide group of financial firms providing an array of financial services. Headquartered Mishawaka, Indiana, Verso has one location and employs over 5 individuals.
WHAT HAPPENED?
Recently, Verso reported to the Attorney General of Maine that it had experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed. According to the breach notice, on June 18, 2024, Verso identified suspicious activity regarding an employee email account. As a result, Verso launched an investigation to determine the nature of the incident.
Through its investigation, Verso learned that sensitive personal information in its systems may have been viewed and copied by an unauthorized individual using an employee’s email account between October 2023 and February 2024. As a result, Verso began a review of the data to determine what information had been impacted as well as identify the specific individuals affected. On or around August 23, 2024, Verso completed this review. The exact type of personal information potentially exposed has not been made publicly available by Verso. However, according to state reporting guidelines, “personal information” can include the following types of information:
- Name
- Social Security number
- Driver’s license or state identification card number
- Account number, credit card number or debit card number, if circumstances exist wherein such a number could be used without additional identifying information, access codes or passwords
- Account passwords or personal identification numbers or other access codes
On September 24, 2024, Verso began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Maine residents, Verso is providing affected individuals with a list of the specific type of sensitive information impacted and 12 months of complimentary credit monitoring services. A link to the form breach notification letters that Verso filed with the Attorney General of Maine is below.
If you received a breach notification letter from Kevin Grunawalt d/b/a Verso Financial, 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.
