Financial advice company Succession Wealth has announced it suffered a cyber attack.
This comes several months after insurance giant Aviva completed the purchase of UK-based Succession Wealth for a consideration of £385m ($465m, €456m).
In a statement on 15 February 2023, Succession Wealth said: “We quickly launched an investigation and have notified the appropriate authorities.
“The security of our clients’ information is our top priority and, as a precaution while the investigation is ongoing, we have quickly introduced additional security measures.”
It added that the firm “will ensure that clients will not suffer financial loss if their personal data held by Succession is misused as a result of the attack”.
The company said it is working to assess and resolve the situation. But it added that it currently cannot comment on the nature of the attack.
“We are carrying out a detailed investigation of the incident to determine any potential impact to our clients,” Succession Wealth added. “We are contacting those clients who may have potentially been affected. While that investigation is continuing, it is not appropriate to speculate further.
“Detailed investigations are being carried out as a matter of urgency and our IT teams are working with expert security specialists. We will give further updates as and when appropriate to do so. We understand this will cause concern for our clients and we apologise for this.”
