Turke & Strauss LLP, a leading data breach law firm, is investigating Cumberland Advisors, Inc. regarding its recent data breach. The Cumberland Advisors data breach involved sensitive personal identifiable information belonging to over 1,500 individuals.
ABOUT CUMBERLAND ADVISORS, INC.:
Cumberland Advisors is a registered investment advisory firm based in Florida. Founded in 1973, Cumberland Advisors serves financial advisors, individuals and institutional clients, offering proprietary fixed-income, equity, and balanced strategies. Additionally, Cumberland Advisors provides market commentary, offering insights and analysis on upcoming, important economic issues that potentially impact global financial markets.2 Headquartered in Sarasota, Florida, Cumberland Advisors employs over 20 individuals.
WHAT HAPPENED?
In September 2023, Cumberland Advisors discovered that it had experienced a data breach in which sensitive personal identifiable information may have been accessed. Through its investigation, Cumberland Advisors determined that an unauthorized actor may have accessed this sensitive information through two employee email accounts between August 31, 2023, and September 5, 2023. On December 20, 2023, and February 14, 2024, Cumberland Advisors notified individuals whose information may have been impacted. The type of information potentially exposed includes:
- Name
- Social Security number
- Financial account information
If you received a breach notification letter from Cumberland Advisors, Inc.:
We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at (608) 237-1775 or sam@turkestrauss.com.
If you were impacted by the Cumberland Advisors data breach, you may consider taking the following steps to protect your personal information.
- Carefully review the breach notice and retain a copy;
- Enroll in any free credit monitoring services provided by Cumberland Advisors, Inc.:
- Change passwords and security questions for online accounts;
- Regularly review account statements for signs of fraud or unauthorized activity;
- Monitor credit reports for signs of identity theft; and
- Contact a credit bureau(s) to request a temporary fraud alert.