On November 7, 2023, Robert W. Baird & Co. Incorporated (“Baird”) filed a notice of data breach with the Attorney General of Texas after discovering that confidential information that consumers placed in the company’s care was subject to unauthorized access. In this notice, Baird explains that the incident resulted in an unauthorized party being able to access consumers’ names, dates of birth and Social Security numbers. Upon completing its investigation, Baird 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 Robert W. Baird & Co. Incorporated, 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 Robert W. Baird & Co. data breach. For more information, please see our recent piece on the topic here.

What Caused the Data Breach Affecting Robert W. Baird & Co.?

The Robert W. Baird & Co. data breach was only recently announced, and more information is expected in the near future. However, Baird’s filing with the Attorney General of Texas provides some important information on what led up to the breach. According to this source, Baird recently learned that an unauthorized party had gained access to confidential information that had been entrusted to Baird.

What we don’t know is whether the incident involved a cyberattack against Baird, which is referred to as a traditional data breach, or whether it involved a cyberattack against a vendor that Baird used to perform certain services (a third-party data breach).

Regardless, after learning that sensitive consumer data was accessible to an unauthorized party, Robert W. Baird & Co. reviewed the compromised files to determine what information was leaked and which consumers were impacted. While the breached information varies depending on the individual, it may include your name, date of birth, and Social Security number.

On November 7, 2023, Robert W. Baird & Co. 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 Robert W. Baird & Co. Incorporated

Robert W. Baird & Co. Incorporated is a financial services company based out of Milwaukee, Wisconsin. Baird provides wealth management, investment banking, asset management and private equity services to individuals, families, businesses & corporations, and other financial institutions. Baird serves clients across the United States, with more than 155 offices for the wealth management division alone. Robert W. Baird & Co. employs more than 5,100 people and generates approximately $28 billion in annual revenue.