Posted On April 29, 2022 Consumer Privacy & Data Breaches
April 29, 2022 – Recently, Janney Montgomery Scott, LLC (“Janney”) reported a data breach resulting from a ransomware attack against R.R. Donnelly & Sons Company (“RR Donnelly”), a company Janney uses to process customer communications. As a result of the breach, the names, addresses, account numbers, account values, birthdates, and Social Security numbers of certain individuals were compromised. On April 29, 2022, Janney began sending out data breach letters to those whose information was affected by the recent breach.
If you received a data breach notification, it is essential you understand what is at risk. The data breach lawyers at Console & Associates, P.C. are actively investigating the Janney Montgomery Scott data breach on behalf of people whose information was exposed. As a part of this investigation, we are providing free consultations to anyone affected by the breach who is interested in learning more about the risks of identity theft, what they can do to protect themselves, and what their legal options may be to obtain compensation from Janney, RR Donnelly, or any other responsible party.
News of the Janney data breach is still recent; however, we reported on the ransomware attack at RR Donnelly ransomware attack, and its impact on other brokerage houses, back in January 2022. Evidently, on April 1, 2022, RR Donnelly informed Janney that a file containing information relating to Janney clients was among the files compromised in the RR Donnelly ransomware attack.
Once Janney learned of the breach, the company verified all of its systems were secure and then worked with RR Donnelly to better understand the incident. While no data was removed from Janney’s systems, according to information provided by RR Donnelly, the breach, which occurred back on December 23, 2021, resulted in certain information belonging to Janney’s clients being compromised. While leaked data varies depending on the individual, it may include your name, address, account number, account value, birthdate, and Social Security number.
On April 29, 2022, Janney Montgomery Scott, LLC issued data breach letters to anyone whose information was compromised in the breach.
Janney Montgomery Scott, LLC is a Philadelphia-based financial services company. The company provides a wide range of services to individuals, corporations and institutional clients, including wealth management, asset management, equity and fixed income investing, corporate and public finance, institutional equity and fixed income sales and trading, investment strategy, financial planning, equity research, mergers and acquisitions, public and private capital raising, portfolio management, and retirement planning. Janney employs more than 2,000 people and generates approximately $921 million in annual revenue.
