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$1,563,000,000,000 Bank Issues Alert Over ‘Data Security Incident,’ Says Names, Social Security Numbers, Account Details and Other Confidential Info

$1,563,000,000,000 Bank Issues Alert Over ‘Data Security Incident,’ Says Names, Social Security Numbers, Account Details and Other Confidential Info

Daily HodlDaily Hodl2025/10/10 16:00
By:by Mark Emem

A trillion-dollar bank is sending out an alert to customers after a data breach in its systems was detected.

In a new filing published with the state government of Massachusetts, UBS Group’s brokerage and investment advisory arm, UBS Financial Services, says a “data security incident” that occurred at an unspecified date potentially exposed customers’ personally identifying information.

“Based on our investigation, the types of UBS client information related to you that was affected by this incident included the following: Full Name, Address, Social Security Number, Phone contact, Email address, Account number and Date of Birth.”

According to UBS Financial Services, there’s no evidence that the data in question has been misused so far. UBS Financial Services says a “thorough review of the potentially affected records” is underway.

Customers who were potentially impacted will receive free credit monitoring and identity protection services from Experian IdentityWorksSM for two years, according to the filing.

As of April, UBS Financial Services’ parent company, UBS Group, help approximately $1.563 trillion in total assets, according to S&P Global.

Generated Image: Midjourney

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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