IMA Financial Group Data Breach Investigation
Data Breach · Investigation

IMA Financial Group Data Breach Investigation — Who May Have a Claim

Updated November 7, 2023

If IMA Financial Group notified you that your Social Security number or insurance details were exposed in its 2022 data breach, here is who may qualify to join the investigation.

IMA Financial Group data breach investigation

IMA Financial Group Data Breach

IMA Financial Group, Inc. is a financial services company that offers insurance and wealth management services to its clients. IMA Financial Group, Inc. operates under the names IMA, IMA Select, IMA Wealth, Eydent, Towerstone and Highwing. According to the company's website, they have over 1800 associates as of 2023, and are focused on protecting their clients' assets.

In October of 2022, IMA Financial Group detected unauthorized activity in its computer network. An investigation revealed that their system had been breached and client information leaked, including:

• Names,
• Dates of birth
• Social Security numbers,
• Driver's license numbers
• State ID Information,
• Insurance information,
Other PII (Personally Identifiable Information)

Status Active Investigation no settlement or claim form yet — attorneys are evaluating claims
Claim Deadline Ongoing no claim form is available yet
Estimated Payout Varies depends on any future settlement and documented harm
Proof Required Yes the IMA Financial Group breach-notice letter you received
Data breaches are serious matters that can cause long term damage. Hackers break into networks so that they can steal your personal information to sell it on the dark web, commit identity theft, financial theft or other frauds. The theft of sensitive, protected health information, and personally identifiable information can lead to a plethora of problems for individuals who are the victims of data breaches that occurred in databases they were not even aware of, such as in the case of the IMA Financial Group data breach.

Data breaches can also result in a long-term erosion of personal data privacy, as the hacked personally identifiable information might be exchanged amongst cyber-criminals for years to come, on the internet, the dark web, or elsewhere.. This significantly increases the risk of further identity theft, financial fraud and massive headaches for consumers and victims.


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