HackingFinancial ServicesFinanceStolen CredentialsCustomer Data InvolvedIdentity (basic)Government IDMediumContained

Financial Asset Management Systems

bd_458d0120807b821e · schema v1 · pii pii-v1

Severity

Medium

Discovered

Mar 31, 2023

Filed

Oct 31, 2023

To disclose

31 weeks

Affected

Not disclosed

Linked

11 filings

Confidence

65%

Full breach record for Financial Asset Management Systems →

Financial Asset Management Systems (FAMS) notified consumers of a March 31, 2023 incident where an unauthorized party acquired network data including names and Social Security numbers. FAMS reported the incident to law enforcement, engaged computer specialists, and provided complimentary credit monitoring and identity protection services to affected individuals.

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Vermont clock✗ VT AG >45 bday31 weeks discovery → filing

⚠ unattributedNo provenance was recorded for this discovery date and it matches no other date on the record. It may be correct, but it is not independently grounded.

Incident timeline

discovery → filing · 31 weeks / 214 days

Mar 31, 2023

Discovered

Oct 31, 2023

Filed

vs. sector median

+22 wks slower

This filing is one of 11 about the same incident.View merged incident

A leak claim by lockbit_3 about this victim predates this filing by 157 days.View originating leak claim

Linked disclosures

Why this link?

Ransomware claims (1)

Leak Sitelockbit_3bd_07b4ce6a5eefb9642023-05-26 · +158dVerified by operator

Regulatory filings (9) · sorted by filing gap

HHS OCRbd_4c6b923b0ea736472023-11-04 · +4dVerified by operator
New Hampshire State AGbd_7e40019cbcfdd8a02023-10-02 · +29dVerified
California State AGbd_1464bacc7c9f8c7d2023-09-29 · +32dCandidate
Indiana State AGbd_2fda00a41105f7422023-09-29 · +32dVerified

Show 5 more filings ↓up to 303d gap

Vermont State AGbd_359d4446a03ee5e92023-09-29 · +32dVerified
Montana State AGbd_5ac1e084b2eac5732023-09-29 · +32dVerified
Massachusetts State AGbd_6f740f48d6e205312023-09-29 · +32dVerified by operator
Maine State AGbd_8d7306e5505060e92023-09-29 · +32dCandidate
Illinois State AGbd_7804d30a6f4962512023-01-01 · +303dVerified by operator

Name: Financial Asset Management Systems
norm: financial asset management
Domain: fams.net

Name: Financial Asset Management Systems
norm: financial asset management
Domain: fams.net
Industry: Financial Servicesllm

Discovered: Mar 31, 2023
Materiality determined: —
Notification sent: Oct 31, 2023
Affected individuals: Not disclosed
Data types: Identity (basic)Government ID
Data elements: Social Security number
Attack vector: Unauthorized Access
MITRE ATT&CK: T1078 Valid Accounts
Threat actor: External
Regulator citations: reported the incident to law enforcement
Initial access: valid_credentials

During the incident: Immediately reported the incident to law enforcement
Began working with computer specialists to determine what occurred
Conducted a comprehensive review of the information potentially impacted
Provided potentially impacted individuals access to complimentary credit monitoring and identity protection services
Changes made: Reviewed our policies and procedures
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 31 weeks(214 days from discovery to filing)
Compliance flags: VT AG >45 bdayLeak >90d
Discovery-date grounding: unattributedNo provenance was recorded for this discovery date and it matches no other date on the record. It may be correct, but it is not independently grounded.

Status: No extraction artifact recorded for this disclosure.

Filing propagation · 10 filings · 9 states

View merged incident ↗

Illinois State AGJan 1 · first

California State AG+271d

Indiana State AG+271d

Vermont State AG+271d

Montana State AG+271d

Massachusetts State AG+271d

Maine State AG+271d

New Hampshire State AG+274d

Vermont State AG+303d · this page

HHS OCR+307d

Pattern: first filing Jan 1 (IL), last Nov 4 (GA) — a 307-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://ago.vermont.gov/document/2023-10-31-financial-asset-management-systems-data-breach-notices-consumers
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Oct 31, 2023
Raw hash: 7add290de95ff10de6c44c81346956376c7b46a86555fb1abfdf40d725a9f1d9

Linked disclosures

Ransomware claims (1)

Regulatory filings (9) · sorted by filing gap

Reporting entityFinancial Asset Management Systems

Victim entityFinancial Asset Management Systems

Incidentdiscovered Mar 31, 2023

Stated responseImmediately reported the incident to law enforcement

ComplianceVT AG >45 bday

Extraction provenanceno artifact recorded

Source provenanceago.vermont.gov