Financial Risk Mitigation Data Breach Investigation

Turke & Strauss LLP, a leading data breach law firm, is investigating Financial Risk Mitigation, Inc. (“FRM”) regarding its recent data breach. The FRM data breach involved sensitive personal identifiable information belonging to over 10,000 individuals.

ABOUT FINANCIAL RISK MITIGATION, INC.:

FRM is a corporate investigative firm located in California. Assisting clients in mitigating financial, regulatory, and reputational risks, FRM services include corporate investigations and background checks, public record searches, and more.3 Founded in 2004, FRM’s clients consist of government agencies, banking institutions, sovereign wealth funds, pension funds, foundations, commercial real estate lenders and investors, and more. Headquartered in Metairie, Louisiana, FRM has an additional location in the United Kingdom and employs over 50 individuals.  

WHAT HAPPENED?

On September 29, 2023, FRM discovered that it had experienced a data breach in which sensitive personal identifiable information in its systems may have been accessed and acquired. Through its investigation, FRM determined that an unauthorized actor may have accessed and acquired this sensitive information between September 28 and September 29, 2023. In December 2023, FRM began notifying individuals whose information may have been impacted. The type of information potentially exposed includes:

  • Name
  • Social Security number

If you have received a breach notification letter from Financial Risk Mitigation, 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 FRM 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 FRM;
  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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