27,076 People Warned After ‘Unauthorized Third Party’ Breaches Wealth Management Firm – Names, Bank Account Numbers and More Now at Risk

A security breach that compromised the computer system of a Wisconsin-based financial services firm has placed the sensitive data of 27,076 people at risk.

In a notice dated May 29th, KerberRose Wealth Management tells potentially affected individuals of a security incident that it discovered on May 1st. 

The firm says that an “unauthorized third party” got hold of an employee’s email account, enabling the perpetrator to access a backup platform used in operating the company’s wealth management business. 

KerberRose says it immediately took action to contain the incident. It also sought the help of a forensic security firm to identify who may have been impacted and what data may have been acquired. 

Based on the investigation, the personal information that were exposed may have included names, addresses, Social Security numbers, financial account numbers, bank account information and dates of birth.

Affected individuals include KerberRose’s wealth management customers as well as applicants and participants in retirement plans availing of the firm’s services. Other systems and divisions of the business were not impacted. 

KerberRose says it is offering affected individuals free identity theft protection services.

“We are providing you with proactive fraud assistance to help with any questions that you might have or in the event that you become a victim of fraud…If you have questions, concerns or learn of any suspicious activity that you believe may be related to this incident, please contact us at 1-920-785-8073.”

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