Strauss Borrelli PLLC, a leading data breach law firm, is investigating Schreck Financial Group, LLC (“Schreck Financial”) regarding its recent data breach. The Schreck Financial data breach may have involved sensitive personal identifiable information belonging to an undetermined number of individuals.
ABOUT SCHRECK FINANCIAL GROUP, LLC:
Schreck Financial is an independent financial service provider based in Kansas. Founded in 1957, Schreck Financial offers an array of financial advice and advisory services, including estate planning, insurance strategy, investment strategy, wealth management, budgeting, retirement planning, and tax strategy.2 Today, Schreck Financial serves physicians and medical professionals, people near and in retirement, business owners and entrepreneurs, and high net worth investors. Schreck Financial is headquartered in Wichita, Kansas.
WHAT HAPPENED?
Recently, Schreck Financial reported to the Attorney General of Montana that it had experienced a data breach in which sensitive personal identifiable information in its systems may have been accessed and acquired. According to the breach notice, on or around August 12, 2024, Schreck Financial became aware of suspicious activity with its email environment. As a result, Schreck Financial launched an investigation to determine the nature of the incident.
Through its investigation, Schreck Financial discovered that sensitive personal information in its systems may have been viewed and obtained by an unauthorized third party using an employee’s email account. As a result, Schreck Financial began a review of the data to determine what information had been impacted as well as identify the specific individuals affected. On October 3, 2024, Schreck Financial completed this review. The exact type of personal information potentially exposed has not been made publicly available by Schreck Financial. However, according to state reporting guidelines, “personal information” can include the following types of information:
- Name
- Social Security number
- Driver’s license or state-issued identification card number
- Financial account number, or credit or debit card number, with or without any required security code, access code, personal identification number or password, that would permit access to a resident’s financial account
On October 17, 2024, Schreck Financial began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Montana residents, Schreck Financial is providing affected individuals with a list of the specific types of sensitive information impacted and complimentary credit monitoring services. A link to the form breach notification letters that Schreck Financial filed with the Attorney General of Montana is below.
If you received a breach notification letter from Schreck Financial Group, 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.
