On January 17, 2024, Dawson James Securities, Inc. filed a notice of data breach with the Attorney General of Montana after discovering that an unauthorized party was able to access portions of the company’s computer network. In this notice, Dawson James explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information. Upon completing its investigation, Dawson James began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you received a data breach notification from Dawson James Securities, Inc., it is essential you understand what is at risk and what you can do about it. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Dawson James Securities data breach. For more information, please see our recent piece on the topic here.

What Caused the Dawson James Securities Data Breach?

The Dawson James Securities data breach was only recently announced, and more information is expected in the near future. However, Dawson James’s filing with the Attorney General of Montana provides some important information on what led up to the breach. According to this source, on June 30, 2023, Dawson James detected unusual activity within its computer network. In response, Dawson James secured its systems and then began working with outside cybersecurity professionals to assist with the company’s investigation.

The Dawson James investigation confirmed that there was unauthorized access to its computer network between June 29, 2023, and June 30, 2023. The investigation also revealed that the unauthorized party was able to access certain files containing confidential consumer information.

After learning that sensitive consumer data was accessible to an unauthorized party, Dawson James Securities reviewed the compromised files to determine what information was leaked and which consumers were impacted. Dawson James completed this process on December 8, 2023.

Unfortunately, the publicly available data breach letter from Dawson James does not list what types of information were subject to unauthorized access. However, on January 17, 2024, Dawson James Securities sent out personalized data breach letters to anyone who was affected by the recent data security incident. These letters should provide victims with a list of what information belonging to them was compromised.

More Information About Dawson James Securities, Inc.

Dawson James Securities, Inc. is a financial services company based out of Boca Raton, Florida. Dawson James operates as a full-service investment banking firm. The firm conducts research and handles both individual and institutional sales. Dawson James also provides wealth management services as well as insurance services. Dawson James Securities employs more than 36 people and generates approximately $9 million in annual revenue.