Social EngineeringFinancial ServicesFinancePhishingStolen CredentialsCustomer Data InvolvedIdentity (basic)Government IDMediumContained

Phase II Systems

bd_4b31bd974995f04f · schema v1 · pii pii-v1

Severity

Medium

Discovered

Mar 14, 2024

Filed

Aug 29, 2024

To disclose

24 weeks

Affected

Not disclosed

Linked

4 filings

Confidence

65%

Full breach record for Phase II Systems →2 incidents on file

Phase II Systems d/b/a PARS experienced a phishing incident where an unauthorized party accessed an employee's email account between March 11 and March 14, 2024. The compromised account contained personal information including full names and Social Security numbers. The company secured the account, engaged external cybersecurity professionals, and is offering credit monitoring to affected individuals.

J jump to incidentP pin to compareR raw source

Incident timeline

undetected · 3 days

discovery → filing · 24 weeks / 168 days

Mar 11, 2024

Begins

Mar 14, 2024

Discovered

Aug 29, 2024

Filed

vs. sector median

+15 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_8a77e6fdc10b4ce52024-08-28 · +1dVerified
New Hampshire State AGbd_7c2b65795edf6bd62024-09-03 · +5dVerified
Massachusetts State AGbd_7ef0996970912dd02024-09-03 · +5dVerified

Name: Phase II Systems
norm: phase ii

Name: Phase II Systems
norm: phase ii
Also named: Phase II Systemsdba oflegal entity
PARSdba oftrade name
Industry: Financial Servicesllm

Discovered: Mar 14, 2024
Breach occurred: Mar 11, 2024 – Mar 14, 2024
Undetected for: 3 daysoccurrence → discovery
Materiality determined: —
Notification sent: —
Affected individuals: Not disclosed
Data types: Identity (basic)Government ID
Attack vector: Phishing
MITRE ATT&CK: T1566 PhishingT1078 Valid AccountsT1114 Email Collection
Threat actor: External
Initial access: phishing_link

During the incident: Secured the account
Commenced a prompt and thorough investigation
Worked very closely with external cybersecurity professionals
Conducted extensive forensic investigation and manual email review
Offering a complimentary membership in Equifax Credit WatchTM Gold
Set up a dedicated and confidential toll-free response line
Changes made: Continually evaluate and modify practices and internal controls to secure personal information
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 24 weeks(168 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 AGAug 28 · first

California State AG+1d · this page

New Hampshire State AG+6d

Massachusetts State AG+6d

Pattern: first filing Aug 28 (IN), last Sep 3 (MA) — a 6-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/sb24-591001
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Aug 29, 2024
Raw hash: b72d261b4a22428aff9bc19a84b474caa20c0fe582883a25d8c222d9d34a9d26

Linked disclosures

Regulatory filings (3) · sorted by filing gap

Reporting entityPhase II Systems

Victim entityPhase II Systems

Incidentdiscovered Mar 14, 2024

Stated responseSecured the account

Complianceclock not assessable

Extraction provenanceno artifact recorded

Source provenanceoag.ca.gov