B. Riley Financial Data Breach Investigation

Strauss Borrelli PLLC, a leading data breach law firm, is investigating B. Riley Financial, Inc. (“B. Riley”) regarding its recent data breach. The B. Riley data breach involved personal identifiable information belonging to over 1,500 individuals.

ABOUT B. RILEY FINANCIAL, INC.:

B. Riley is a financial services company based in California. Founded in 1997, B. Riley provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners.2 Today, B. Riley operates through several subsidiaries that offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction and liquidation services.2 Headquartered in Los Angeles, B. Riley has offices across the United States and internationally, and employs over 1,000 individuals.

WHAT HAPPENED?

On April 5, 2024, Targus Interational, LLC and certain affiliates (collectively, “Targus”), each of which is an indirect subsidiary of B. Riley, discovered that a threat actor gained unauthorized access to certain of Targus’ file systems. In response, Targus activated its incident response and business continuity protocols to investigate, contain and remediate the incident. On the same day, B. Riely reported the incident in a Form 8-K filing with the United States Securities and Exchange Commission. According to the filing, the incident investigation is ongoing and Targus will work with law enforcement with respect to the unauthorized access to information.

If you believe you have been impacted by the B. Riley Financial, Inc. data breach:

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 872.263.1100 or sam@straussborrelli.com.

What can you do if you were impacted by a data breach?

If you were impacted by a data breach, you may consider taking the following steps to protect your personal information.

  1. Carefully review the breach notice and retain a copy;
  2. Enroll in any free credit monitoring services provided by the company;
  3. Change passwords and security questions for online accounts;
  4. Regularly review account statements for signs of fraud or unauthorized activity;
  5. Monitor credit reports for signs of identity theft; and
  6. Contact a credit bureau(s) to request a temporary fraud alert.

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What can you do if you were impacted by a data breach?

If you were impacted by a data breach, you may consider taking the following steps to protect your personal information.

  1. Carefully review the breach notice and retain a copy;
  2. Enroll in any free credit monitoring services provided by the company;
  3. Change passwords and security questions for online accounts;
  4. Regularly review account statements for signs of fraud or unauthorized activity;
  5. Monitor credit reports for signs of identity theft; and
  6. Contact a credit bureau(s) to request a temporary fraud alert.

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