Credent Capital & Advisory: Credent Wealth Management Data Breach Investigation

Credent Capital & Advisory: Credent Wealth Management Data Breach Investigation

Recently, Credent reported to the Attorney General of the Commonwealth of Massachusetts that the sensitive personal identifiable information in its care may have been compromised. In the sample breach notice provided to the Attorney General of the Commonwealth of Massachusetts, Credent does not elaborate on the nature of the security incident that impacted its systems. While the information impacted varies depending on the individual, the type of information potentially exposed includes:4

Name

Social Security number

As a result of the breach, Credent began mailing data breach notification letters to impacted individuals. Based on the breach notice sent to Massachusetts residents, Credent is providing affected individuals with a list of the specific types of sensitive information impacted and 24 months of complimentary credit monitoring services. A link to the form breach notification letters that Credent filed with the Attorney General of the Commonwealth of Massachusetts is below.

Source: https://straussborrelli.com/2025/12/01/credent-wealth-management-data-breach-investigation/

Credent Capital & Advisory cybersecurity rating report: https://www.rankiteo.com/company/credent-capital-advisory

"id": "CRE1764634025",
"linkid": "credent-capital-advisory",
"type": "Breach",
"date": "12/2025",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'incident': {'affected_entities': [{'customers_affected': None,
                                     'industry': None,
                                     'location': 'Massachusetts, USA '
                                                 '(reporting jurisdiction)',
                                     'name': 'Credent',
                                     'size': None,
                                     'type': 'Organization'}],
              'customer_advisories': 'Breach notification letters with details '
                                     'of exposed PII and credit monitoring '
                                     'offer',
              'data_breach': {'data_encryption': None,
                              'data_exfiltration': 'Likely (implied by breach '
                                                   'of PII)',
                              'file_types_exposed': None,
                              'number_of_records_exposed': None,
                              'personally_identifiable_information': ['Name',
                                                                      'Social '
                                                                      'Security '
                                                                      'number'],
                              'sensitivity_of_data': 'High (includes SSNs)',
                              'type_of_data_compromised': ['Personally '
                                                           'Identifiable '
                                                           'Information '
                                                           '(PII)']},
              'description': 'Credent reported to the Attorney General of the '
                             'Commonwealth of Massachusetts that sensitive '
                             'personal identifiable information in its care '
                             'may have been compromised. The breach impacted '
                             'varying types of personal data, including names '
                             'and Social Security numbers. Affected '
                             'individuals are being offered 24 months of '
                             'complimentary credit monitoring services.',
              'impact': {'brand_reputation_impact': 'Potential negative impact '
                                                    'due to exposure of '
                                                    'sensitive PII',
                         'conversion_rate_impact': None,
                         'customer_complaints': None,
                         'data_compromised': ['Name', 'Social Security number'],
                         'downtime': None,
                         'financial_loss': None,
                         'identity_theft_risk': 'High (due to exposure of SSNs '
                                                'and names)',
                         'legal_liabilities': None,
                         'operational_impact': None,
                         'payment_information_risk': None,
                         'revenue_loss': None,
                         'systems_affected': None},
              'initial_access_broker': {'backdoors_established': None,
                                        'data_sold_on_dark_web': None,
                                        'entry_point': None,
                                        'high_value_targets': None,
                                        'reconnaissance_period': None},
              'investigation_status': 'Ongoing (implied by recent reporting)',
              'post_incident_analysis': {'corrective_actions': None,
                                         'root_causes': None},
              'ransomware': {'data_encryption': None,
                             'data_exfiltration': None,
                             'ransom_demanded': None,
                             'ransom_paid': None,
                             'ransomware_strain': None},
              'references': [{'date_accessed': None,
                              'source': 'Attorney General of the Commonwealth '
                                        'of Massachusetts - Breach Notice',
                              'url': None}],
              'regulatory_compliance': {'fines_imposed': None,
                                        'legal_actions': None,
                                        'regulations_violated': None,
                                        'regulatory_notifications': 'Notification '
                                                                    'to the '
                                                                    'Attorney '
                                                                    'General '
                                                                    'of the '
                                                                    'Commonwealth '
                                                                    'of '
                                                                    'Massachusetts'},
              'response': {'adaptive_behavioral_waf': None,
                           'communication_strategy': 'Breach notification '
                                                     'letters mailed to '
                                                     'impacted individuals; '
                                                     'filing with the Attorney '
                                                     'General of Massachusetts',
                           'containment_measures': None,
                           'enhanced_monitoring': None,
                           'incident_response_plan_activated': 'Likely (based '
                                                               'on breach '
                                                               'notification '
                                                               'process)',
                           'law_enforcement_notified': None,
                           'network_segmentation': None,
                           'on_demand_scrubbing_services': None,
                           'recovery_measures': '24 months of complimentary '
                                                'credit monitoring services '
                                                'for affected individuals',
                           'remediation_measures': None,
                           'third_party_assistance': None},
              'title': 'Credent Data Breach',
              'type': 'Data Breach'}}
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