Strauss Borrelli PLLC, a leading data breach law firm, is investigating Transamerica Retirement Solutions, LLC (“Transamerica”) regarding its recent data breach. The Transamerica data breach involved sensitive personal information belonging to over 1,200 individuals.
ABOUT TRANSAMERICA RETIREMENT SOLUTIONS, LLC:
Transamerica is a financial services and insurance provider based in Maryland. Founded in 1904, Transamerica offers a variety of financial products and services to individuals and businesses, including retirement solutions, employee benefit solutions, investments, mutual funds, insurance products, annuities, and more. Today, Transamerica serves over 10 million customers and has more than $400 billion in revenue-generating investments.3 Headquartered in Baltimore, Maryland, Transamerica employs over 5,000 individuals.
WHAT HAPPENED?
Recently, Transamerica reported to the Attorney General of Maine that the sensitive personal identifiable information in its care may have been compromised. According to the breach notice, on May 7, 2025, Transamerica was alerted to suspicious activity involving a third-party, cloud-based application used internally by Transamerica for client management.1 As a result, Transamerica launched an investigation to determine the nature of the incident.
Through its investigation, Transamerica confirmed that sensitive personal information in its systems may have been accessed by an unauthorized third party during the breach. As a result, Transamerica 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
- Financial account number
On June 26, 2025, Transamerica began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Maine residents, Transamerica is providing affected individuals with a list of the specific types of sensitive information impacted and 24 months of complimentary credit monitoring services. A link to the form breach notification letters that Transamerica filed with the Attorney General of Maine is below.
If you received a breach notification letter from Transamerica Retirement Services, 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.
