On June 7, 2024, Financial Northeastern Companies filed a notice of data breach with the Attorney General of Massachusetts after discovering that one or more employees had been successfully targeted in an email phishing attack. In this notice, Financial Northeastern explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names, addresses, and Social Security numbers. Upon completing its investigation, Financial Northeastern 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 Financial Northeastern Companies, 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 Financial Northeastern Companies data breach. For more information, please see our recent piece on the topic here.

What Caused the Financial Northeastern Companies Data Breach?

The Financial Northeastern Companies data breach was only recently announced, and more information is expected in the near future. However, Financial Northeastern’s filing with the Attorney General of Massachusetts provides some important information on what led up to the breach. According to this source, on February 21, 2024, Financial Northeastern learned that bad actors had targeted the company’s employees in an email phishing attack. The attack is believed to have occurred on January 30, 2024.

In response, Financial Northeastern launched an investigation to learn more about the incident and what, if any, consumer information was leaked as a result.

After learning that sensitive consumer data was accessible to an unauthorized party, Financial Northeastern Companies reviewed the compromised files to determine what information was leaked and which consumers were impacted. Financial Northeastern completed this process on May 17, 2024. While the breached information varies depending on the individual, it may include your name, address, and Social Security number.

On June 7, 2024, Financial Northeastern Companies sent out 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 Financial Northeastern Companies

Founded in 1984, Financial Northeastern Companies is a financial services company based out of Fairfield, New Jersey. Financial Northeastern offers clients a range of financial products, including CDs, equity-linked offerings, corporate & municipal bonds, asset-backed securities, zero-coupon bonds, and more. Financial Northeastern Companies maintains a client investment base of nearly $4.8 billion. Financial Northeastern Companies employs more than 70 people and generates approximately $19 million in annual revenue.