Stolen Backup Drives Expose Silversage Advisors Data

Share it on Twitter  
Share it on Facebook  
Share it on Linked in  

California's Silversage Advisors recently began notifying its customers that their personal information may have been exposed when backup drives were stolen on February 20, 2014 from a secure offsite location where the drives are stored as part of Silversage's disaster recovery plan.

The drives contained customer information including but not limited to names, mailing addresses, Social Security numbers, driver's license numbers and account information.

All those affected are being advised to place fraud alerts on their credit files, and are being offered one free year of Breach Protector credit monitoring and identity theft protection services from CSID.

"We are informing you immediately, so you can be on the lookout for any suspicious financial or credit activity because non-public identity information may be at risk," Silversage's Jeffrey M. Garell and Daniel D. Sands wrote in the notification letter [PDF]. "To the extent we manage an account with beneficiaries on your behalf, we recommend that you notify those beneficiaries... and we will provide the same credit monitoring for them."