UBS Financial Services Data Breach Investigation

Strauss Borrelli PLLC, a leading data breach law firm, Strauss Borrelli PLLC, a leading data breach law firm, is investigating UBS Financial Services, Inc. (“UBS”) regarding its recent data breach. The UBS data breach may have involved sensitive personal identifiable information belonging to an undetermined number of individuals.

ABOUT UBS FINANCIAL SERVICES, INC.:

UBS is financial service company based in Switzerland. With roots dating back to 1862, UBS was formally established in 1998 following a merger of the Union Bank of Switzerland and Swiss Bank Corporation.2 Today, UBS provides financial advice and solutions to private, institutional and corporate clients worldwide, as well as private clients in Switzerland.3 Additionally, UBS’ services include global wealth management, personal and corporate banking, asset management, investment banking, and more.3 Headquartered in Zurich, Switzerland, UBS has a network of around 200 branches and 4,600 client advisors.3

WHAT HAPPENED?

Recently, UBS reported to the Attorney General of the Commonwealth of Massachusetts that on June 24, 2024, it had experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed. In the form breach notice, UBS does not elaborate on the nature of the security incident that impacted its systems. While the information impacted varies depending on the individual, the type of information potentially exposed includes:

  • Name
  • Social Security number
  • Financial account information

 

On November 4, 2024, UBS began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Massachusetts residents, UBS is providing affected individuals with a list of the specific types of sensitive information impacted. A link to the form breach notification letters that UBS filed with the Attorney General of the Commonwealth of Massachusetts is below.

If you received a breach notification letter from UBS Financial Services, Inc.:

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.

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