On January 12, 2024, Ameriprise Financial, Inc. filed a notice of data breach with the Attorney General of Massachusetts after discovering that an unauthorized party was able to access confidential customer information. In this notice, Ameriprise explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names, Social Security numbers, account numbers, dates of birth, and addresses. Upon completing its investigation, Ameriprise began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you received a data breach notification from Ameriprise Financial, Inc., it is essential you understand what is at risk and what you can do about it. As we’ve previously discussed in other posts, data breaches that affect your SSN are the most dangerous, as hackers can easily use your Social Security number to steal your identity or commit other frauds against you. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Ameriprise Financial data breach. For more information, please see our recent piece on the topic here.

What Caused the Ameriprise Financial Data Breach?

The Ameriprise Financial data breach was only recently announced, and more information is expected in the near future. However, Ameriprise’s filing with the Attorney General of Massachusetts provides little information on what led up to the breach. According to this source, Ameriprise recently learned that an unauthorized party may have been able to access confidential consumer information that had been entrusted to the company.

In response, Ameriprise conducted an investigation and took steps to protect all affected accounts from unauthorized activity. Ultimately, the Ameriprise investigation confirmed that an unauthorized party was able to access certain files containing confidential consumer information.

After learning that sensitive consumer data was accessible to an unauthorized party, Ameriprise Financial reviewed the compromised files to determine what information was leaked and which consumers were impacted. While the breached information varies depending on the individual, it may include your name, Social Security number, account number, date of birth and address.

On January 12, 2024, Ameriprise Financial sent out data breach letters to anyone who was affected by the recent data security incident. These letters should provide victims with a list of what information belonging to them was compromised.

More Information About Ameriprise Financial, Inc.

Founded in 1894, Ameriprise Financial, Inc. is a financial services company based in Minneapolis, Minnesota. The company offers a wide range of investment, banking, and insurance products focused on helping clients meet their investment, retirement, tax planning, and estate planning goals. Ameriprise is publicly traded on the New York Stock Exchange under the symbol “AMP.” Ameriprise Financial employs more than 13,500 people and generates approximately $14 billion in annual revenue.