HackingFinancial ServicesFinanceStolen CredentialsCustomer Data InvolvedDelayed DiscoveryIdentity (basic)Government IDMediumContained

Bailard, Inc.

bd_172b944593ca77ba · schema v1 · pii pii-v1

Severity

Medium

Discovered

Apr 3, 2020

Filed

Jun 11, 2020

To disclose

10 weeks

Affected

Not disclosed

Linked

4 filings

Confidence

65%

Full breach record for Bailard, Inc. →2 incidents on file

Bailard, Inc. notified the California Attorney General of unauthorized access to a single employee email account between February 25, 2020, and March 5, 2020. The incident was discovered on April 3, 2020. The compromised account contained names and Social Security numbers of individuals. Bailard engaged third-party specialists, changed credentials, and is offering 12 months of identity monitoring through Kroll.

J jump to incidentP pin to compareR raw source

Incident timeline

undetected · 38 days

discovery → filing · 10 weeks / 69 days

Feb 25, 2020

Begins

Apr 3, 2020

Discovered

Jun 11, 2020

Filed

vs. sector median

+1 wks slower

This filing is one of 4 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (3) · sorted by filing gap

Indiana State AGbd_9a4ef434cd14b2b52020-06-11Verified
New Hampshire State AGbd_5c62f95cc06a87e42020-06-15 · +4dVerified
Montana State AGbd_04ed5ed2ef5f83862020-07-11 · +30dVerified

Name: Bailard, Inc.
norm: bailard
Domain: bailard.com

Name: Bailard, Inc.
norm: bailard
Domain: bailard.com
Industry: Financial Servicesllm

Discovered: Apr 3, 2020
Breach occurred: Feb 25, 2020 – Mar 5, 2020
Undetected for: 38 daysoccurrence → discovery
Materiality determined: —
Notification sent: —
Affected individuals: Not disclosed
Data types: Identity (basic)Government ID
Data elements: Social Security number
Attack vector: Unauthorized Access
MITRE ATT&CK: T1078 Valid AccountsT1114 Email Collection
Threat actor: External
Initial access: valid_credentials

During the incident: Changed the email account credentials
Investigated to confirm the security of our email network
Engaged third-party computer specialists
Offering access to identity monitoring services through Kroll for twelve (12) months at no cost
Changes made: Reviewing existing policies and procedures
Conducting additional employee training
Implementing additional security measures
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 10 weeks(69 days from discovery to filing)
Compliance flags: — (clock not assessable for this source)

Status: No extraction artifact recorded for this disclosure.

Filing propagation · 4 filings · 4 states

View merged incident ↗

Indiana State AGJun 11 · first

California State AGJun 11 · first · this page

New Hampshire State AG+4d

Montana State AG+30d

Pattern: first filing Jun 11 (IN), last Jul 11 (MT) — a 30-day rolling notification. Rolling spreads often mean counsel is filing as thresholds trip per state. Why this link?

Evidence ladder

Leak-site claim

Attacker assertion only. Establishes: claim date, group, alleged victim.

Press / market report

Unlocks: incident narrative, operational impact. Still no compliance clock.

State AG / regulator filingThis record

Unlocks: discovery date, data types, affected count, compliance clock.

SEC 8-K / victim statement

Unlocks: materiality, stated response, full audit trail. Ceiling removed.

Source URL: https://oag.ca.gov/ecrime/databreach/reports/sb24-190820
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Jun 11, 2020
Raw hash: 25978f2406dd9cd4a6e0be6cc702007a2ecb16e9c2147bd8ee97e506521a83ef

Linked disclosures

Regulatory filings (3) · sorted by filing gap

Reporting entityBailard, Inc.

Victim entityBailard, Inc.

Incidentdiscovered Apr 3, 2020

Stated responseChanged the email account credentials

Complianceclock not assessable

Extraction provenanceno artifact recorded

Source provenanceoag.ca.gov