Strauss Borrelli PLLC, a leading data breach law firm, is investigating The Pension Specialists, Ltd. regarding its recent data breach. The Pension Specialists data breach may have involved sensitive personal information and protected health information belonging to over 71,000 individuals.
ABOUT THE PENSION SPECIALISTS, LTD.:
The Pension Specialists is an independent retirement plan third party administrator based in Illinois. Founded in 1987, The Pension Specialists has grown to service over 900 employer retirement plans, with services covering over 30,000 plan participants with over $500 million of retirement plan assets.3 Today, The Pension Specialists provides services to a variety of companies, which include broker dealers, investment firms, CPA firms, law firms, medical groups, hospitals, engineers, manufacturers and retail businesses.3 Headquartered in Machesney Park, Illinois, The Pension Specialists employs over 10 individuals.
WHAT HAPPENED?
Recently, The Pension Specialists reported to the Attorney General of Maine that it had experienced a data breach in which sensitive personal identifiable information and protected health information in its systems may have been accessed and acquired. According to the breach notice, on February 24, 2024, The Pension Specialists experienced a network disruption.1 As a result, The Pension Specialists launched an investigation to determine the nature of the incident.
Through its investigation, The Pension Specialists confirmed that sensitive personal information in its systems may have been viewed and taken by an unauthorized third party between February 18 and February 20, 2024. As a result, The Pension Specialists began a review of the data to determine what information had been impacted as well as identify the specific individuals affected. While the information impacted varies depending on the individual, the type of information potentially exposed includes:
- Name
- Social Security number
- Driver’s license number
- Government issued identification number (e.g., passport, state-ID card)
- Financial information (e.g., account number, credit or debit card number)
- Health insurance information
As a result of the data breach, The Pension Specialists began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Maine residents, The Pension Specialists 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 The Pension Specialists filed with the Attorney General of Maine is below.
If you are a received a breach notification letter from The Pension Specialists, Ltd.:
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.
