HackingFinancial ServicesFinanceSupply Chain (3P Vendor)Customer Data InvolvedIdentity (basic)Government IDFinancial accountHighActive

Velocity Risk Underwriters

bd_4ab31548e453561c · schema v1 · pii pii-v1

Severity

High

Discovered

Mar 17, 2025

Filed

Jul 25, 2025

To disclose

19 weeks

Affected · nationwide

41,27019 in this filing

Linked

8 filings

Confidence

65%

Full breach record for Velocity Risk Underwriters →

Velocity Risk Underwriters, LLC notified the Maine AG of a third-party data breach involving its vendor, WaterStreet Company. Unauthorized access occurred on March 17, 2025, impacting up to 41,270 individuals nationwide, including 19 Maine residents. Compromised data included names, financial account information, and SSNs. Velocity is offering 12 months of credit monitoring.

J jump to incidentP pin to compareR raw source

Maine clockDiscovered Mar 17, 2025 → Filed with AG Jul 25, 2025130d ✗ ME AG >90d19 weeks discovery → filing

⚠ occurrence dateThe stored discovery date equals the breach OCCURRENCE date. Detection is normally later, so this OVERSTATES the delay — a 'late' verdict here may not be real.

Incident timeline

discovery → filing · 19 weeks / 130 days

Mar 17, 2025

Begins

Mar 17, 2025

Discovered

Jul 25, 2025

Filed

vs. sector median

+10 wks slower

This filing is one of 8 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (7) · sorted by filing gap

Massachusetts State AGbd_3f4beb80389d8ba82025-07-25Verified
New Hampshire State AGbd_925ef2c1c3de19072025-07-24 · +1dVerified
Texas State AGbd_3228d13e1b7bb9752025-07-28 · +3dVerified by operator
Indiana State AGbd_640c7bbdabca27cc2025-08-08 · +14dVerified

Show 3 more filings ↓up to 41d gap

Nebraska State AGbd_cb7a3c4f2748829d2025-09-03 · +40dVerified
New Hampshire State AGbd_2fcba4315454f9032025-09-04 · +41dVerified
Maine State AGbd_cf1decc7cfc0f3172025-09-04 · +41dVerified by operator

Name: Wilson, Elser, Moskowitz, Edelman & Dicker LLP
norm: wilson elser moskowitz edelman dicker
Domain: wilsonelser.com

Name: Velocity Risk Underwriters
norm: velocity risk underwriters
Industry: Financial Servicesllm

Discovered: Mar 17, 2025
Breach occurred: Mar 17, 2025
Undetected for: 0 daysoccurrence → discovery
Materiality determined: —
Notification sent: Aug 6, 2025
Affected individuals: 41,270state + nationwide
Data types: Identity (basic)Government IDFinancial account
Data elements: Social Security number
Attack vector: Third-Party / Supply Chain
MITRE ATT&CK: T1195 Supply Chain CompromiseT1078 Valid Accounts
Threat actor: External
Regulator citations: Filed notice with Maine Attorney General
Third party: via WaterStreet Company
Initial access: supply_chain

During the incident: WaterStreet began a comprehensive investigation to confirm the security of its environment
WaterStreet is implementing enhanced security measures
WaterStreet is reviewing existing policies and procedures
Offering twelve months of complimentary access to credit monitoring services
Changes made: Implementing enhanced security measures
Reviewing existing policies and procedures to further protect against similar incidents
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 19 weeks(130 days from discovery to filing)
Compliance flags: ME AG >90d · 130dME resident >60d · 142d
Discovery-date grounding: occurrence dateThe stored discovery date equals the breach OCCURRENCE date. Detection is normally later, so this OVERSTATES the delay — a 'late' verdict here may not be real.
Clock breakdown: Statute Window Elapsed Threshold Status
Maine
Discovered: Mar 17, 2025
→ Filed with AG: Jul 25, 2025
130d 90 days ME AG >90d
Maine
Discovered: Mar 17, 2025
→ Notified: Aug 6, 2025
142d 60 days (analyst band; statutory cap is 30 days) ME resident >60d

Statute	Window	Elapsed	Threshold	Status
Maine	Discovered: Mar 17, 2025 → Filed with AG: Jul 25, 2025	130d	90 days	ME AG >90d
Maine	Discovered: Mar 17, 2025 → Notified: Aug 6, 2025	142d	60 days (analyst band; statutory cap is 30 days)	ME resident >60d

Status: No extraction artifact recorded for this disclosure.

Filing propagation · 8 filings · 6 states

View merged incident ↗

New Hampshire State AGJul 24 · first

Massachusetts State AG+1d

Maine State AG+1d · this page

Texas State AG+4d

Indiana State AG+15d

Nebraska State AG+41d

New Hampshire State AG+42d

Maine State AG+42d

Pattern: first filing Jul 24 (NH), last Sep 4 (ME) — a 42-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-a1252b4f8318/531dcb7c-54ca-4780-a04a-ce420929490d.html
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Jul 25, 2025
Raw hash: ae64606f0a88de3c69cefb8ba5bdd2cb1597e3c2f11d7010751177211cd41ebb

Linked disclosures

Regulatory filings (7) · sorted by filing gap

Reporting entityWilson, Elser, Moskowitz, Edelman & Dicker LLP

Victim entityVelocity Risk Underwriters

Incidentdiscovered Mar 17, 2025

Stated responseWaterStreet began a comprehensive investigation to confirm the security of its environment

ComplianceME AG >90d

Extraction provenanceno artifact recorded

Source provenancewww.maine.gov