HackingFinancial ServicesFinanceVulnerability ExploitCustomer Data InvolvedIdentity (basic)Financial accountLowContained

Capital Formation Group, Inc.

bd_18b746ad0699fe8c · schema v1 · pii pii-v1

Severity

Low

Discovered

Nov 20, 2023

Filed

Jan 9, 2024

To disclose

7 weeks

Affected · nationwide

2748 in this filing

Linked

2 filings

Confidence

65%

Full breach record for Capital Formation Group, Inc. →2 incidents on file

Capital Formation Group, Inc. reported an external system breach (hacking) occurring on September 19, 2023, discovered on November 20, 2023. The incident affected 274 individuals, including 8 Maine residents. Acquired data included names and financial account or credit/debit card numbers (with security codes/PINs). The entity provided written notification on January 9, 2024, and offered 24 months of credit monitoring and identity theft protection through IDX.

J jump to incidentP pin to compareR raw source

Maine clockDiscovered Nov 20, 2023 → Filed with AG Jan 9, 202450d ⏱ ME AG >30d7 weeks discovery → filing

⚠ AG web formThe discovery date came from the AG web-form field, which is systematically later than the detection date stated in the letter. Treat the clock as indicative.

Incident timeline

undetected · 62 days

discovery → filing · 7 weeks / 50 days

Sep 19, 2023

Begins

Nov 20, 2023

Discovered

Jan 9, 2024

Filed

vs. sector median

1 wks faster

This filing is one of 2 filings about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (1) · sorted by filing gap

New Hampshire State AGbd_f8b3c0f148ca2f422024-01-16 · +7dVerified

Name: Cipriani
norm: cipriani
Domain: cipriani.com

Name: Capital Formation Group, Inc.
norm: capital formation
Domain: capformgroup.com
Industry: Financial Services
Industry: Financial Servicesllm

Discovered: Nov 20, 2023
Breach occurred: Sep 19, 2023
Undetected for: 62 daysoccurrence → discovery
Materiality determined: —
Notification sent: Jan 9, 2024
Affected individuals: 274state + nationwide
Data types: Identity (basic)Financial account
Data elements: Financial account number
Attack vector: Unauthorized Access
MITRE ATT&CK: T1190 Exploit Public-Facing Application
Threat actor: ExternalFinancial
Regulator citations: Filed data breach notice with Maine Attorney General
Initial access: exploit_public_facing

During the incident: Sent written notification to affected individuals
Offered 24 months of Credit Monitoring and Identity Theft protection services through IDX
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 7 weeks(50 days from discovery to filing)
Compliance flags: ME AG >30d · 50d
Discovery-date grounding: AG web formThe discovery date came from the AG web-form field, which is systematically later than the detection date stated in the letter. Treat the clock as indicative.
Clock breakdown: Statute Window Elapsed Threshold Status
Maine
Discovered: Nov 20, 2023
→ Filed with AG: Jan 9, 2024
50d 30 days (soft) ME AG >30d

Statute	Window	Elapsed	Threshold	Status
Maine	Discovered: Nov 20, 2023 → Filed with AG: Jan 9, 2024	50d	30 days (soft)	ME AG >30d

Status: No extraction artifact recorded for this disclosure.

Filing propagation · 2 filings · 2 states

View merged incident ↗

Maine State AGJan 9 · first · this page

New Hampshire State AG+7d

Pattern: first filing Jan 9 (ME), last Jan 16 (NH) — a 7-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://www.maine.gov/agviewer/content/ag/985235c7-cb95-4be2-8792-a1252b4f8318/0c809685-753b-4b65-8c6c-c17e9e4598a5.shtml
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Jan 9, 2024
Raw hash: c220333c431a7419daeb0d4c70fccd8bbf3fc7306fe2db250d97e94312c534b1

Linked disclosures

Regulatory filings (1) · sorted by filing gap

Reporting entityCipriani

Victim entityCapital Formation Group, Inc.

Incidentdiscovered Nov 20, 2023

Stated responseSent written notification to affected individuals

ComplianceME AG >30d

Extraction provenanceno artifact recorded

Source provenancewww.maine.gov