McKell Financial Group

McKell Financial Group

The California Office of the Attorney General disclosed that McKell Financial Group suffered a data breach on June 7, 2024, which exposed the personal information of its clients. The incident was detected on June 17, 2024, and affected individuals were notified by September 25, 2024. While the exact nature of the compromised data was not fully detailed, the breach involved sensitive client information, raising concerns over potential identity theft, financial fraud, or misuse of personal details. The delay between the breach and its discovery (10 days) further highlights vulnerabilities in the company’s cybersecurity monitoring. As a financial services provider, the exposure of client data could lead to reputational damage, regulatory scrutiny, and loss of customer trust. The breach underscores the critical need for robust data protection measures, especially in sectors handling high-value personal and financial records.

Source: https://oag.ca.gov/ecrime/databreach/reports/sb24-593058

TPRM report: https://www.rankiteo.com/company/mdj-accounting

"id": "mdj1009091725",
"linkid": "mdj-accounting",
"type": "Breach",
"date": "6/2024",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'industry': 'Finance',
                        'location': 'California, USA',
                        'name': 'McKell Financial Group',
                        'type': 'Financial Services'}],
 'data_breach': {'personally_identifiable_information': True,
                 'type_of_data_compromised': 'Personal information'},
 'date_detected': '2024-06-17',
 'description': 'The California Office of the Attorney General reported that '
                'McKell Financial Group experienced a data breach on June 7, '
                '2024, which potentially involved personal information of '
                'clients. The breach was discovered on June 17, 2024, and '
                'notifications were completed by September 25, 2024.',
 'impact': {'data_compromised': 'Personal information of clients'},
 'references': [{'source': 'California Office of the Attorney General'}],
 'regulatory_compliance': {'regulatory_notifications': 'California Office of '
                                                       'the Attorney General'},
 'response': {'communication_strategy': 'Notifications completed by September '
                                        '25, 2024'},
 'title': 'McKell Financial Group Data Breach',
 'type': 'Data Breach'}
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