Coast Financial Services

On May 6, 2020, Coast Financial Services suffered a data breach exposing sensitive personal information of approximately 517 California residents. Unauthorized actors gained access to tax-related documents containing critical details such as names, mailing addresses, and Social Security numbers. The compromised data poses a significant risk of identity theft and financial fraud for the affected individuals. In response, Coast Financial Services has offered identity theft protection services to the impacted residents to mitigate potential harm. Additionally, the company has reinforced its data security protocols to prevent future incidents. The breach underscores vulnerabilities in handling highly sensitive financial and personal records, raising concerns about the adequacy of existing safeguards against cyber threats targeting customer data.

Source: https://oag.ca.gov/ecrime/databreach/reports/sb24-193641

TPRM report: https://www.rankiteo.com/company/cal-coast-financial

"id": "cal153082025",
"linkid": "cal-coast-financial",
"type": "Breach",
"date": "5/2020",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"

{'affected_entities': [{'customers_affected': '517 (California residents)',
                        'industry': 'Finance',
                        'location': 'California, USA',
                        'name': 'Coast Financial Services',
                        'type': 'Financial Services'}],
 'customer_advisories': 'Identity theft protection services offered to '
                        'affected individuals',
 'data_breach': {'data_exfiltration': 'Yes (unauthorized access)',
                 'file_types_exposed': ['tax documents'],
                 'number_of_records_exposed': '517',
                 'personally_identifiable_information': ['names',
                                                         'mailing addresses',
                                                         'Social Security '
                                                         'numbers'],
                 'sensitivity_of_data': 'High (PII including SSNs)',
                 'type_of_data_compromised': ['tax-related documents',
                                              'personal information']},
 'date_detected': '2020-05-06',
 'description': 'The California Attorney General reported that Coast Financial '
                'Services experienced a data breach on May 6, 2020, affecting '
                'approximately 517 California residents. The breach involved '
                'unauthorized access to tax-related documents containing '
                'personal information such as names, mailing addresses, and '
                'Social Security numbers. Coast has offered identity theft '
                'protection services to those affected and has implemented '
                'additional data security measures.',
 'impact': {'data_compromised': ['names',
                                 'mailing addresses',
                                 'Social Security numbers'],
            'identity_theft_risk': 'High (PII exposed)'},
 'post_incident_analysis': {'corrective_actions': 'Implemented additional data '
                                                  'security measures'},
 'references': [{'source': 'California Attorney General'}],
 'regulatory_compliance': {'regulatory_notifications': 'Reported to California '
                                                       'Attorney General'},
 'response': {'communication_strategy': 'Offered identity theft protection '
                                        'services to affected individuals',
              'remediation_measures': 'Implemented additional data security '
                                      'measures'},
 'title': 'Coast Financial Services Data Breach (2020)',
 'type': 'Data Breach'}