Capital Asset Management Group Data Breach Investigation
Strauss Borrelli PLLC, a leading data breach law firm, is investigating Capital Asset Management Group, Inc., regarding its recent data breach. The Capital Asset Management Group data breach may have involved sensitive personal identifiable information belonging to approximately 1,600 individuals.
ABOUT CAPITAL ASSET MANAGEMENT GROUP, INC.:
Capital Asset Management Group is a privately owned and independent financial service provider based in Washington, D.C. Founded in 1982, Capital Asset Management Group’s areas of expertise include financial planning, retirement planning, investment management, risk management and insurance services, estate and legacy planning, long term care planning, comprehensive tax analysis and preparation, and more.2 Today, Capital Asset Management Group serves individuals of all incomes, ages and financial objectives, including young professionals, established professionals and those who are financially independent.2 Headquartered in Washington, D.C., Capital Asset Management Group has an additional location in Maryland and employs over 10 individuals.
WHAT HAPPENED?
Recently, Capital Asset Management Group reported to the Attorney General of Maine that it had experienced a data breach in which sensitive personal identifiable information in its systems may have been accessed. According to the breach notice, Capital Asset Management Group recently discovered unauthorized access to an employee’s email account. As a result, Capital Asset Management Group launched an investigation to determine the nature of the incident.
Through its investigation, Capital Asset Management Group discovered that sensitive personal information in its systems may have been compromised by an unauthorized third party using the employee’s email account between January 19, 2024, and February 9, 2024. As a result, Capital Asset Management Group 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 and/or payment card number
- Driver’s license number
On October 23, 2024, Capital Asset Management Group began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Maine residents, Capital Asset Management Group is providing affected individuals with a list of the specific types of sensitive information impacted and 12 months of complimentary credit monitoring services. A link to the form breach notification letters that Capital Asset Management Group filed with the Attorney General of Maine is below.
If you received a breach notification letter from Capital Asset Management Group, 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.
