On February 16, 2024, CUSO Financial Services, LP (“CFS”) discovered that a vulnerability within Barracuda Networks allowed unauthorized parties to access data belonging to CFS and filed a data breach complaint with the California Attorney General. I have filed a notice. In the notice, CFS explains that as a result of this incident, unauthorized persons were able to access sensitive consumer information. Once the investigation was complete, CFS began sending data breach notification letters to all individuals whose information was affected by the recent data security incident.
If you receive a data breach notification from CUSO Financial Services, LP, or Barracuda Networks, it is important to understand what is at risk and what you can do about it. A data breach attorney can help you learn more about how to protect yourself from becoming a victim of fraud and identity theft, as well as discuss your legal options following a CUSO Financial Services / Barracuda Networks data breach. For more information, see our recent article on this topic. here.
What caused the data breach affecting CUSO Financial Services?
The Barracuda Networks / CUSO Financial Services data breach was only recently announced, and more information is expected to be released in the near future. However, documents filed by CFS with the California Attorney General's Office contain important information about what led to the breach. According to this source, CFS learned on October 20, 2023 through Barracuda Networks about a possible data security incident related to the company's email application. Apparently, Barracuda Networks experienced a vulnerability that allowed unauthorized parties to access emails and attachments belonging to her CFS employees.
After learning of this vulnerability, CFS began an investigation. CFS investigation determined that certain information dated July 5, 2023 was accessible to unauthorized parties.
After learning that sensitive consumer data was accessible to unauthorized parties, CUSO Financial Services investigated the compromised files and determined what information was exposed and which consumers were affected. I have identified it.
On February 16, 2024, CUSO Financial Services sent a data breach letter to everyone affected by the recent data security incident. These letters should provide victims with a list of what information in their possession was compromised.
More information about CUSO Financial Services, LP, Barracuda Networks
Founded in 1996, CUSO Financial Services, LP is a financial services company based in San Diego, California. Specifically, SFC is a broker-dealer and a subsidiary of Atria Wealth. CUSO Financial Services specializes in serving credit unions and banks, developing customized investment programs that financial services professionals can offer to their clients. CUSO Financial Services has more than 670 employees and generates annual revenues of approximately $345 million.
Founded in 2003, Barracuda Networks is a technology and business services company headquartered in Campbell, California. Barracuda Networks provides security, networking and storage products based on network appliances and cloud services. Barracuda Networks employs approximately 2,000 people and generates annual revenues of more than $487 million.
