Investigation into Loring, Wolcott & Coolidge
In recent developments, Federman & Sherwood has initiated an investigation concerning Loring, Wolcott & Coolidge (LWC) following a significant data breach. This breach, affecting sensitive personal information, has raised serious concerns among the victims whose data might have been compromised.
Details of the Data Breach
The breach was officially reported by LWC to the Attorney General of Maine on October 18, 2024. The cybersecurity incident occurred within a defined time frame, from April 26 to May 12, 2024. LWC reacted promptly by starting an investigation to determine the extent of the exposure of personal information.
Types of Exposed Information
The findings of the investigation revealed that several types of personal and sensitive information were potentially exposed. The range of compromised data includes:
List of Potentially Exposed Data
- Full Name
- Social Security Number
- Driver’s License Number
- Residential Address
- Bank Account Number
- Email Address and Password
- Health Insurance Policy Number
- Tax Identification Number (TIN)
- IRS PIN
- Other sensitive information
Such personal data is invaluable and could lead to identity theft and fraud if misused.
Notification and Next Steps
In response to the incident, LWC started sending notifications to those affected on October 17, 2024. These notifications aim to inform victims about the breach and suggest steps to protect their information.
Understanding LWC’s Services
LWC is known for providing a wide array of fiduciary and investment management services, making this data breach particularly concerning given the sensitive nature of the information they handle.
How to Get Involved
If individuals affected by this breach are looking for further details or wish to participate in any potential litigation, they are encouraged to reach out to Tashia Poore. She can be contacted directly by email for further assistance.
Frequently Asked Questions
What triggered the investigation into Loring, Wolcott & Coolidge?
Federman & Sherwood began the investigation after LWC reported a data breach affecting sensitive client information.
When did the data breach occur?
The cybersecurity incident occurred between April 26, 2024, and May 12, 2024.
What kind of information was exposed in the breach?
Potentially exposed information includes names, Social Security Numbers, addresses, and bank account details, among others.
How are affected individuals being notified?
LWC started sending notifications to affected individuals on October 17, 2024.
What actions can impacted individuals take?
Affected individuals can reach out to Tashia Poore for assistance and inquire about participation in legal actions.
