Kovack Financial LLC Discloses Data Breach Affecting Over 1,900 Individuals
Kovack Financial LLC, a financial services firm based in Fort Lauderdale, Florida, has reported a data breach that exposed sensitive personal and financial information. Between August 8 and August 27, 2025, an unauthorized actor accessed files on the company’s network. Kovack Financial detected suspicious activity on August 28, 2025, and immediately secured its systems while launching an investigation.
The review, completed on July 16, 2026, confirmed that the breach potentially compromised data belonging to 1,713 Massachusetts residents and 243 Vermont residents. Exposed information included Social Security numbers, driver’s licenses, government IDs, credit and debit account details, and financial account codes.
Kovack Financial disclosed the breach to attorneys general in California, Massachusetts, and Vermont on August 10, 2026. In response, the company is offering affected individuals complimentary credit monitoring and identity restoration services through Cyberscout, a TransUnion subsidiary. Enrollment requires a unique code from the notification letter and must be completed within 90 days. A dedicated call center (833-954-3690) has also been established for inquiries.
Source: https://www.claimdepot.com/data-breach/kovack-financial-2026
Kovack Financial Network cybersecurity rating report: https://www.rankiteo.com/company/kovack-financial-network
"id": "KOV1786584373",
"linkid": "kovack-financial-network",
"type": "Breach",
"date": "8/2025",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': '1956',
'industry': 'Financial Services',
'location': 'Fort Lauderdale, Florida, USA',
'name': 'Kovack Financial LLC',
'type': 'Financial Services Firm'}],
'customer_advisories': 'Notification letters with unique codes for credit '
'monitoring enrollment; dedicated call center '
'(833-954-3690)',
'data_breach': {'number_of_records_exposed': '1956',
'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Social Security numbers',
'Driver’s licenses',
'Government IDs',
'Credit and debit account '
'details',
'Financial account codes']},
'date_detected': '2025-08-28',
'date_publicly_disclosed': '2026-08-10',
'description': 'Kovack Financial LLC, a financial services firm based in Fort '
'Lauderdale, Florida, reported a data breach that exposed '
'sensitive personal and financial information. An unauthorized '
'actor accessed files on the company’s network between August '
'8 and August 27, 2025. The breach potentially compromised '
'data belonging to 1,713 Massachusetts residents and 243 '
'Vermont residents, including Social Security numbers, '
'driver’s licenses, government IDs, credit and debit account '
'details, and financial account codes.',
'impact': {'data_compromised': 'Sensitive personal and financial information',
'identity_theft_risk': 'High',
'payment_information_risk': 'High',
'systems_affected': 'Company’s network'},
'investigation_status': 'Completed',
'references': [{'source': 'Cyber Incident Description'}],
'regulatory_compliance': {'regulatory_notifications': ['California Attorney '
'General',
'Massachusetts '
'Attorney General',
'Vermont Attorney '
'General']},
'response': {'communication_strategy': 'Disclosure to attorneys general in '
'California, Massachusetts, and '
'Vermont; notification letters to '
'affected individuals',
'containment_measures': 'Secured systems',
'incident_response_plan_activated': 'Yes',
'remediation_measures': 'Offering complimentary credit '
'monitoring and identity restoration '
'services',
'third_party_assistance': 'Cyberscout (TransUnion subsidiary)'},
'threat_actor': 'Unauthorized actor',
'title': 'Kovack Financial LLC Data Breach Affecting Over 1,900 Individuals',
'type': 'Data Breach'}