Social EngineeringFinancial ServicesFinancePhishingStolen CredentialsDelayed DiscoveryIdentity (basic)CredentialsLowContained

Capital Formation Group, Inc.

bd_868d9b732566467c · schema v1 · pii pii-v1

Severity

Low

Discovered

Feb 14, 2023

Filed

Jul 27, 2023

To disclose

23 weeks

Affected

Not disclosed

Linked

5 filings

Confidence

64%

Full breach record for Capital Formation Group, Inc. →3 incidents on file

Capital Formation Group notified consumers of a data breach involving unauthorized access to an employee email account between Feb 8-14, 2023. The incident likely exposed names and contact information. The company reported the incident to law enforcement and offered 24 months of credit monitoring via Experian. Notification was sent July 27, 2023.

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Vermont clock✗ VT AG >45 bday23 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

undetected · 6 days

discovery → filing · 23 weeks / 163 days

Feb 8, 2023

Begins

Feb 14, 2023

Discovered

Jul 27, 2023

Filed

vs. sector median

+14 wks slower

This filing is one of 5 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (4) · sorted by filing gap

Maine State AGbd_ddf7b74597ea8c092023-07-27Verified
Massachusetts State AGbd_df2ac474386c89e32023-07-27Verified
New Hampshire State AGbd_fa31d692649013982023-07-27Verified
New Hampshire State AGbd_27c0533575d915b62023-08-23 · +27dVerified

Name: Capital Formation Group, Inc.
norm: capital formation
Domain: capformgroup.com

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

Discovered: Feb 14, 2023
Breach occurred: Feb 8, 2023 – Feb 14, 2023
Undetected for: 6 daysoccurrence → discovery
Materiality determined: —
Notification sent: Jul 27, 2023
Affected individuals: Not disclosed
Data types: Identity (basic)Credentials
Attack vector: Phishing
MITRE ATT&CK: T1566.002 Spearphishing LinkT1078 Valid Accounts
Threat actor: External
Regulator citations: reported the event to law enforcement
Initial access: phishing_link

During the incident: Promptly launched an investigation
Performed a comprehensive review of the impacted account
Immediately took steps to further secure our email system
Reported the event to law enforcement
Offering complimentary credit monitoring and identity restoration services through Experian for 24 months
Changes made: Took steps to further secure our email system
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 23 weeks(163 days from discovery to filing)
Compliance flags: VT AG >45 bday
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 · 5 filings · 4 states

View merged incident ↗

Maine State AGJul 27 · first

Massachusetts State AGJul 27 · first

New Hampshire State AGJul 27 · first

Vermont State AGJul 27 · first · this page

New Hampshire State AG+27d

Pattern: first filing Jul 27 (ME), last Aug 23 (NH) — a 27-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/2023-07-27-capital-formation-group-data-breach-notice-consumers
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Jul 27, 2023
Raw hash: f7f258047da644de5e4307b7d06e44052cc3f60943bba5d7a819e806d3202cc6

Linked disclosures

Regulatory filings (4) · sorted by filing gap

Reporting entityCapital Formation Group, Inc.

Victim entityCapital Formation Group, Inc.

Incidentdiscovered Feb 14, 2023

Stated responsePromptly launched an investigation

ComplianceVT AG >45 bday

Extraction provenanceno artifact recorded

Source provenanceago.vermont.gov