Amplius Wealth Advisors, LLC

Amplius Wealth Advisors, LLC

The Maine Office of the Attorney General disclosed a data breach targeting Amplius Wealth Advisors, LLC, detected on September 26, 2024, and reported on October 16, 2024. The incident stemmed from unauthorized access (hacking), compromising the personal data of 1,420 individuals, including 5 Maine residents. The exposed information primarily included names, though the full scope of affected data remains unspecified. In response, the company offered 12 months of complimentary credit monitoring services via Experian IdentityWorks to mitigate potential risks for those impacted. The breach highlights vulnerabilities in the firm’s cybersecurity defenses, raising concerns over the protection of client information and the potential for downstream financial or reputational harm. While no explicit evidence of data misuse (e.g., identity theft or fraud) has been confirmed, the exposure of personal identifiers warrants heightened vigilance among affected parties.

Source: https://www.maine.gov/agviewer/content/ag/985235c7-cb95-4be2-8792-a1252b4f8318/23b5870e-8577-4b5f-a0b5-90702d81ebfd.html

TPRM report: https://www.rankiteo.com/company/amplius-wealth-advisors

"id": "amp743082025",
"linkid": "amplius-wealth-advisors",
"type": "Breach",
"date": "6/2024",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'customers_affected': 1420,
                        'industry': 'Financial Services',
                        'name': 'Amplius Wealth Advisors, LLC',
                        'type': 'Financial Advisory Firm'}],
 'attack_vector': 'Unauthorized Access (Hacking)',
 'customer_advisories': '12 months of complimentary credit monitoring via '
                        'Experian IdentityWorks offered to affected '
                        'individuals',
 'data_breach': {'number_of_records_exposed': 1420,
                 'personally_identifiable_information': ['Names'],
                 'sensitivity_of_data': 'Moderate (names)',
                 'type_of_data_compromised': ['Personally Identifiable '
                                              'Information (PII)']},
 'date_detected': '2024-09-26',
 'date_publicly_disclosed': '2024-10-16',
 'description': 'The Maine Office of the Attorney General reported a data '
                'breach involving Amplius Wealth Advisors, LLC. The breach '
                'involved unauthorized access (hacking) potentially affecting '
                '1,420 individuals, including 5 residents of Maine. The '
                'compromised information may include names. Twelve months of '
                'complimentary credit monitoring services via Experian '
                'IdentityWorks were offered to those affected.',
 'impact': {'data_compromised': ['Names'],
            'identity_theft_risk': 'Potential (credit monitoring offered)'},
 'references': [{'date_accessed': '2024-10-16',
                 'source': 'Maine Office of the Attorney General'}],
 'regulatory_compliance': {'regulatory_notifications': ['Maine Office of the '
                                                        'Attorney General']},
 'response': {'communication_strategy': 'Offered 12 months of complimentary '
                                        'credit monitoring to affected '
                                        'individuals',
              'third_party_assistance': ['Experian IdentityWorks (credit '
                                         'monitoring)']},
 'title': 'Data Breach at Amplius Wealth Advisors, LLC',
 'type': 'Data Breach'}
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