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Tocqueville Asset Management Data Breach Lawsuit

Tocqueville Asset Management discovered unauthorized access to files on its network between January 5 and February 18, 2024. While no misuse has been reported, names and sensitive information may have been exposed. Tocqueville is offering free identity protection services. If you were impacted, you may be eligible to join a class action lawsuit. Contact Class Action U today.

Tocqueville Asset Management
Date of Breach: February 18, 2024
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Who was affected:

Clients of Tocqueville Asset Management

Impacted Data:

Name

One or more sensitive data elements in combination with name

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Tocqueville Asset Management has reported a data security incident involving unauthorized access to sensitive files on its network. Although no misuse has been confirmed, the firm is notifying affected individuals and offering free identity protection services.

Tocqueville Asset Management’s Data Breach Investigation

On February 18, 2024, Tocqueville Asset Management discovered signs of unauthorized activity on its computer systems. The firm immediately launched an internal investigation with the support of its IT team and third-party cybersecurity experts. The investigation revealed that files on the network were potentially accessed without authorization over a six-week period, between January 5 and February 18, 2024.

After securing the network, Tocqueville initiated a thorough review of the affected files to determine the scope of the breach and identify any personal information that may have been exposed. Third-party data analysis specialists were also brought in to confirm the findings. The results indicated that the compromised files included personal details—specifically names combined with other sensitive information.

Tocqueville has reported the incident to law enforcement and implemented additional technical safeguards to bolster its system security. While the company has no reason to believe that the data has been misused or publicly disclosed, it is taking precautionary steps by notifying those potentially affected and offering 12 months of free credit monitoring and identity protection services.

The firm emphasizes that, based on its investigation, there is no evidence to suggest any misuse of the exposed data.

When Did This Breach Occur?

The unauthorized access to Tocqueville Asset Management’s systems occurred between January 5 and February 18, 2024, with the breach officially discovered on February 18, 2024.

What Information Was Breached?

The information potentially exposed in this incident includes:

  • Name

  • One or more sensitive data elements in combination with name (exact elements not specified in source)

This data could be enough to put affected individuals at risk of identity theft or fraud.

What You Can Do

If you believe your information may have been affected by the Tocqueville Asset Management breach, take the following actions:

  1. Enroll in credit monitoring – Tocqueville is offering 12 months of free credit monitoring and identity theft protection. Use the instructions provided in their notice to sign up as soon as possible.

  2. Monitor your accounts – Watch for unauthorized activity on bank, credit card, and other financial accounts.

  3. Check your credit reports – You’re entitled to free annual reports from each major bureau. Review them for inaccuracies or new accounts.

  4. Be cautious of phishing and scams – Cybercriminals may attempt to exploit the breach with fraudulent emails or calls.

Taking these steps can help you stay one step ahead of any potential misuse of your personal information.

File a Data Breach Lawsuit Against Tocqueville Asset Management

If you received a notification from Tocqueville Asset Management or believe your data was compromised, you may be entitled to compensation. Data breaches can lead to identity theft, financial loss, and emotional distress. Filing a class action lawsuit is one way to seek justice and hold companies accountable for failing to protect consumer data.

At Class Action U, we’re here to support you. Our platform connects you with skilled attorneys who specialize in class action lawsuits. If your information was exposed in this breach, you may have a legal case and deserve compensation for the risks and inconvenience.

Contact us at Class Action U, where we’ll connect you with a lawyer skilled in class action lawsuits. If you’ve been contacted about this breach, received notice, or discovered you were impacted, fill out our quick, easy, and secure form to sign up. There is no cost to reach out to our legal partner and no obligation after speaking with someone from our team.

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Frequently Asked Questions

A data breach occurs when sensitive, confidential, or protected information is accessed, stolen, or disclosed without authorization. Data breaches often occur through phishing emails, malware, weak passwords, insider threats, or unsecured databases. Indicators of a data breach can include unexpected password resets, suspicious account activity, unauthorized transactions, or notifications from companies about compromised information.If you suspect your data has been compromised, you must take measures and act quickly. Change passwords, enable two-factor authentication, review your financial accounts for unusual activity and consider freezing your credit.

Once stolen, your personal information may be sold on the dark web or used for identity theft and financial fraud. In some cases, hackers use the data to extort companies or launch further attacks. Victims often face long-term risks, including damage to credit and privacy.

If you receive a data breach notification, don’t ignore it. Immediately change passwords for the affected account and any others that share credentials. Enroll in any free credit monitoring services offered and monitor financial statements closely.

To pursue a data breach claim, you’ll need documentation showing your information was compromised and proof of resulting harm, such as fraudulent charges, credit score damage, or identity theft reports. Notification letters, financial records, and communication with the breached company can help support your claim.

Yes. If a company fails to protect consumer data or delays notifying victims, it may be held liable under state and federal privacy laws. Many victims join class action lawsuits to recover financial losses and hold negligent organizations accountable.

Data breach settlements vary widely depending on the size of the breach, type of data compromised, and damages suffered by victims. Payouts may include cash compensation, identity theft protection, or reimbursement for losses. Many settlements range from a few hundred to several thousand dollars per person. A skilled data breach lawyer can guide victims through the complex legal process, ensuring their rights are protected. If you’ve received a data breach notification or believe your personal data was exposed, you may be eligible for compensation. Contact Class Action U to learn more about how to join a data breach lawsuit and understand the process of filing.