Amplius Wealth Advisors Data Breach Investigation

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

ABOUT AMPLIUS WEALTH ADVISORS, LLC:

Amplius is a registered independent advisory firm based in Pennsylvania. Founded in 2021, Amplius provides a variety of financial services to executives, professionals, and individuals. Today, these services include investment management, wealth planning, tax strategy, executive compensation and equity award optimization, insurance and risk planning, and estate strategy.2 Headquartered in Blue Bell, Pennsylvania, Amplius employs over 10 individuals.

WHAT HAPPENED?

Recently, Amplius reported to the Attorney General of the Commonwealth of Massachusetts 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 or around June 26, 2024, Amplius became aware of suspicious activity related to an employee’s email account. As a result, Amplius launched an investigation to determine the nature of the incident.

Through its investigation, Amplius learned that sensitive personal information in its systems may have been compromised by an unauthorized individual using the employee’s email account. As a result, Amplius began a review of the data to determine what information had been impacted as well as identify the specific individuals affected. On September 26, 2024, Amplius completed this review. While the information impacted varies depending on the individual, the type of information potentially exposed includes:

  • Name
  • Social Security number

 

On October 16, 2024, Amplius began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Massachusetts residents, Amplius 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 Amplius filed with the Attorney General of the Commonwealth of Massachusetts is below.

If you received a breach notification letter from Amplius Wealth Advisors, 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.

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.

PRIVACY POLICY  |  TERMS & CONDITIONS  |  COOKIE POLICY