Social EngineeringFinancial ServicesFinancePhishingStolen CredentialsCustomer Data InvolvedIdentity (basic)Government IDFinancial accountMediumContained

WELLESLEY ASSET MANAGEMENT, INC.

bd_9b0411a87e5f067f · schema v1 · pii pii-v1

Severity

Medium

Discovered

May 20, 2024

Filed

Sep 26, 2024

To disclose

18 weeks

Affected

5state residents only

Linked

5 filings

Confidence

67%

Full breach record for WELLESLEY ASSET MANAGEMENT, INC. →

Wellesley Asset Management, Inc. notified Montana residents that an employee email account was compromised on May 20, 2024. The attacker accessed names, SSNs, and financial account numbers. No data was downloaded. WAM engaged forensic experts, notified law enforcement, and offered 2 years of Experian IdentityWorks.

J jump to incidentP pin to compareR raw source

Incident timeline

discovery → filing · 18 weeks / 129 days

May 20, 2024

Discovered

Sep 26, 2024

Filed

vs. sector median

+10 wks slower

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

Linked disclosures

Why this link?

Regulatory filings (4) · sorted by filing gap

New Hampshire State AGbd_619dbe14822b2bcc2024-09-26Verified
Maine State AGbd_9d79b3638519b1942024-09-27 · +1dVerified
Indiana State AGbd_42fb4b336a8dd4582024-09-20 · +6dVerified
Massachusetts State AGbd_42e95ec4878504212024-10-03 · +7dVerified

Name: WELLESLEY ASSET MANAGEMENT, INC.
norm: wellesley asset management
Domain: wam.com

Name: WELLESLEY ASSET MANAGEMENT, INC.
norm: wellesley asset management
Domain: wam.com
Industry: Financial Servicesllm

Discovered: May 20, 2024
Materiality determined: —
Notification sent: —
Affected individuals: 5state-resident count only
Data types: Identity (basic)Government IDFinancial account
Attack vector: Phishing
MITRE ATT&CK: T1566.002 Spearphishing LinkT1078 Valid AccountsT1114 Email Collection
Threat actor: ExternalFinancial
Regulator citations: Notified federal law enforcement authorities
Initial access: phishing_link

During the incident: Worked with cybersecurity counsel and forensic expert to eliminate the perpetrator from its email system
Notified federal law enforcement authorities
Changes made: Offering 2-year identity and credit protection program provided by Experian called IdentityWorks
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 18 weeks(129 days from discovery to filing)
Compliance flags: — (clock not assessable for this source)

Status: No extraction artifact recorded for this disclosure.

Filing propagation · 5 filings · 5 states

View merged incident ↗

Indiana State AGSep 20 · first

New Hampshire State AG+6d

Montana State AG+6d · this page

Maine State AG+7d

Massachusetts State AG+13d

Pattern: first filing Sep 20 (IN), last Oct 3 (MA) — a 13-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://dojmt.gov/wp-content/uploads/OCP/Consumer-notification-letter-1709.pdf
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Sep 26, 2024
Raw hash: dea7682a6621b528e652d4be0a3010c16a140f56b80b02663061c54ed0f2757d

Linked disclosures

Regulatory filings (4) · sorted by filing gap

Reporting entityWELLESLEY ASSET MANAGEMENT, INC.

Victim entityWELLESLEY ASSET MANAGEMENT, INC.

Incidentdiscovered May 20, 2024

Stated responseWorked with cybersecurity counsel and forensic expert to eliminate the perpetrator from its email system

Complianceclock not assessable

Extraction provenanceno artifact recorded

Source provenancedojmt.gov