Social EngineeringFinancial ServicesFinancePhishingCustomer Data InvolvedData ExfiltratedIdentity (basic)Government IDMediumContained

Cascade Financial Services

bd_97597da02adefdfd · schema v1 · pii pii-v1

Severity

Medium

Discovered

Jul 9, 2024

Filed

Nov 13, 2025

To disclose

—

Affected

7state residents only

Linked

3 filings

Confidence

66%

Full breach record for Cascade Financial Services →

Southwest Stage Funding, LLC d/b/a Cascade Financial Services notified the Maryland Attorney General on January 16, 2025, of a data event affecting 7 Maryland residents. The incident involved unauthorized access to employee email accounts between July 8 and July 9, 2024, following suspicious activity detected on July 9, 2024. The attacker downloaded emails containing names, Social Security numbers, and driver's license numbers. Cascade engaged forensic specialists and a data review vendor, secured the email tenant, and provided 1 year of credit monitoring to affected individuals.

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Incident timeline

undetected · 1 days

Jul 8, 2024

Begins

Jul 9, 2024

Discovered

Nov 13, 2025

Filed

This filing is one of 3 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (2) · sorted by filing gap

Montana State AGbd_aca2767e35859f402025-01-16 · +301dCandidate
New Hampshire State AGbd_ca86a2365b109b092025-01-16 · +301dVerified

Name: Mullen Coughlin LLC
norm: mullen coughlin

Name: Cascade Financial Services
norm: cascade financial
Also named: Southwest Stage Funding, LLCdba oflegal entity
Cascade Financial Servicesdba oftrade name
Industry: Financial Servicesllm

Discovered: Jul 9, 2024
Breach occurred: Jul 8, 2024 – Jul 9, 2024
Undetected for: 1 dayoccurrence → discovery
Materiality determined: —
Notification sent: Jan 16, 2025
Affected individuals: 7state-resident count only
Data types: Identity (basic)Government ID
Attack vector: Phishing
MITRE ATT&CK: T1566.002 Spearphishing LinkT1114 Email Collection
Threat actor: External
Regulator citations: Provided written notice of this incident to relevant state and federal regulators, as necessary, and to the three major credit reporting agencies, Equifax, Experian, and TransUnion
Initial access: phishing_link

During the incident: Took steps to secure the email tenant
Initiated an investigation with the assistance of third-party forensic specialists
Engaged a data review vendor to conduct a comprehensive and time-intensive review of the contents of the affected email accounts
Provided access to credit monitoring services for one (1) year, through IDX, to individuals whose personal information was potentially affected by this incident, at no cost to these individuals
Providing impacted individuals with guidance on how to better protect against identity theft and fraud
Providing written notice of this incident to relevant state and federal regulators, as necessary, and to the three major credit reporting agencies, Equifax, Experian, and TransUnion
Changes made: Working to implement additional safeguards and training to its employees
Implementing additional security measures to further protect against similar events occurring in the future
Source: Quoted from the filing itself, not independently verified.

Compliance flags: — (clock not assessable for this source)

Status: No extraction artifact recorded for this disclosure.

Filing propagation · 3 filings · 3 states

View merged incident ↗

Montana State AGJan 16 · first

New Hampshire State AGJan 16 · first

Maryland State AG+301d · this page

Pattern: first filing Jan 16 (MT), last Nov 13 (MD) — a 301-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.maryland.gov/resources-info/SBN%20Documents/2025/ITU-376202.pdf
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Nov 13, 2025
Raw hash: fa17d4edd1eb81f9b41e834040cac8c3c975935c0f3ad36909cf6b1703a15dbe

Linked disclosures

Regulatory filings (2) · sorted by filing gap

Reporting entityMullen Coughlin LLC

Victim entityCascade Financial Services

Incidentdiscovered Jul 9, 2024

Stated responseTook steps to secure the email tenant

Complianceclock not assessable

Extraction provenanceno artifact recorded

Source provenanceoag.maryland.gov