AdviceOne Network Breached

  • By Steven
  • Published: Sep 07, 2022
  • Last Updated: Sep 07, 2022

An unauthorized actor accessed AdviceOne's network earlier this year. The digital security breach culminated in the exposure of highly sensitive AdviceOne customer information between February 2022 and March 2022. Let's delve into the details of the attack to shed light on how hackers were able to steal the data and what might become of that valuable information. 

How did AdviceOne Respond to the Breach?

AdviceOne responded quickly, sending formal notices of the data breach to the compromised individuals. However, affected customers might become victims of identity theft due to this digital infiltration, potentially leading to financial fraud, a reduction in credit score, and plenty of frustration. The AdviceOne data breach reinforces the merit of fortifying your digital defenses at least once every six months.

Though AdviceOne certainly disappointed its customers by failing to safeguard sensitive data, the company should be credited for proactively bolstering its digital security policies, systems, and procedural nuances in the aftermath of the attack. AdviceOne even went as far as providing Experian identity monitoring services to compromised individuals.

How Many People Were Victimized in the Hack?

AdviceOne representatives publicly stated the data breach led to the exposure of valuable information about more than 7,000 people. Hackers stole full names, Social Security numbers, bank account information, dates of birth, driver's license numbers, and even login information such as usernames and passwords.

Has AdviceOne Revealed Much About how the Hack was Performed?

AdviceOne representatives have revealed limited information about the hack, highlighting how they first identified signs of digital aggression in the form of suspicious activity within the network. An unauthorized individual accessed the AdviceOne network in the year's first financial quarter. The company insists the specific information about each customer exposed to the hacker differs by individual.

Some customers' full names were exposed while others' bank account details were stolen, and so on. The company deserves commendation for contacting compromised customers with data breach letters. However, it took until the second quarter of the year for AdviceOne to notify affected customers of the data breach.

Why is the Hack Significant?

The AdviceOne hack is meaningful as the company is an emerging leader in the New England regional wealth management space. Located in Glastonbury, Connecticut, AdviceOne provides financial services and wealth management education sessions.

AdviceOne is a relatively small business, employing 30-40 individuals. The fact that hackers are willing to zero in on a business of this size instead of a mid-level corporation or larger organization exemplifies the extent of recent digital offensives. The moral of this story is that no business, individual, or other party is safe in the context of the digital warfare taking place on the web.

How Should AdviceOne Data Breach Victims Move Forward?

Victims of the AdviceOne hack are encouraged to review their credit reports at least once every couple of months. Those compromised by the breach are advised to stay vigilant, protecting against potential financial fraud and identity theft. Implement the industry's latest digital safeguards at both your home and work computers, view requests for information from the lens of an identity theft target, and proceed accordingly. 

AdviceOne customers are also encouraged to change their passwords used for company services. Above all, everyone who uses a computer at work or home will benefit from the expertise of cybersecurity professionals who keep their fingers on the pulse of the industry’s rapid evolution.

About the Author
IDStrong Logo

Related Articles

Instagram Vulnerability Allowed Hackers Access to Control Your Phone

Security experts Check Point Research discovered a critical vulnerability while examining Instagra ... Read More

Alien Malware Infects More than 226 Mobile Apps and Steals Bank Data

As reported on September 24, 2020, by ZDNet and ThreatPost, a new strain of malware named “A ... Read More

Universal Health Systems Hit by Ransomware Attack

Universal Health Systems (UHS), a Fortune 500 company owning more than 400 hospitals across the co ... Read More

Exchange Server Bug Exposes a Big Risk to Hackers

Months after Microsoft released a patch to fix a serious flaw in MS Exchange Server, more than 61% ... Read More

Clients’ Bank Data Exposed in Blackbaud Ransomware Attack

Blackbaud software was victim to a ransomware attack last May, and new information suggests that c ... Read More

Latest Articles

What You Need to Know about the Episource Data Breach

What You Need to Know about the Episource Data Breach

Episource is a California-based healthcare services and technology company that provides risk adjustment and medical coding services to healthcare plans, doctors, and several other types of healthcare organizations.

What you need to know about the Krispy Kreme Data Breach

What you need to know about the Krispy Kreme Data Breach

The popular doughnut and coffeehouse chain Krispy Kreme was established in 1937 in Winston-Salem, North Carolina. It has grown over the years and currently operates 1,500 shops and 17,900 points of access in 40 nations.

What You Need to Know about the Ocuco Data Breach

What You Need to Know about the Ocuco Data Breach

Ocuco is a Dublin-based organization that specializes in optical software solutions. Established in 1993 by Leo Mac Canna, the company initially developed software for independent optometrists.

What You Need to Know about the TxDOT Data Breach

What You Need to Know about the TxDOT Data Breach

The Texas Department of Transportation (TxDOT) is responsible for designing, planning, operating, building, and maintaining the state's transportation system to deliver a reliable and safe transportation system.

What You Need to Know about the AT&T Data Breach

What You Need to Know about the AT&T Data Breach

AT&T, one of the largest telecommunications providers in the United States and the fourth-largest telecommunications company in the world by revenue, experienced a significant data leak, which became public in June 2025.

What You Need to Know about the Mainstreet Bank Data Breach

What You Need to Know about the Mainstreet Bank Data Breach

MainStreet is a community-oriented bank in Fairfax, Virginia. Established in 2004, it is under the MainStreet Bancshares Incorporated, a small-cap financial holding organization.

Featured Articles

How to Buy a House with Bad Credit

How to Buy a House with Bad Credit

Buying your own home is the American Dream, but it might seem out of reach to those with bad credit. However, the good news is, if your credit is less than perfect, you do still have options and in most cases, can still buy a home.

How Secure Is Your Password? Tips to Improve Your Password Security

How Secure Is Your Password? Tips to Improve Your Password Security

Any good IT article on computers and network security will address the importance of strong, secure passwords. However, the challenge of good passwords is that most people have a hard time remembering them, so they use simple or obvious ones that pose a security risk.

Top 10 Senior Scams and How to Prevent Them

Top 10 Senior Scams and How to Prevent Them

Senior scams are becoming a major epidemic for two reasons. First, seniors often have a lot of money in the bank from a life of working hard and saving.

Notice

By proceeding with this scan, you agree to let IDStrong run a Free Scan of supplied parameters of your personal information and provide free preliminary findings in compliance with our Terms of Use and Privacy Notice. You consent to us using your provided information to complete the Free Scan and compare it against our records and breach databases or sources to provide your Free preliminary findings report.

Rest assured: IDStrong will not share your information with third parties or store your information beyond what is required to perform your scan and share your results.

Free Identity Threat Scan
Instantly Check if Your Personal Information is Exposed
All fields below are required
Please enter first name
Please enter last name
Please enter a city
Please select a state
Please enter an age
Please enter an email address
Close