Data Breach Alert: The Pension Specialist
In a concerning development, The Pension Specialist, a financial services organization based in Machesney Park, Illinois, has reported a significant data breach affecting a total of 71,443 individuals. This breach was the result of an external hacking incident that occurred on February 18, 2024, and was discovered on January 31, 2025. This post aims to provide an overview of the breach, its implications, and what affected individuals can do next.
About The Pension Specialist
The Pension Specialist is a financial services provider located at 1501 North 2nd Street, Machesney Park, IL 61115. They offer various financial services related to pensions and retirement plans, catering to a diverse clientele. The recent data breach raises serious concerns about the security of personal information handled by such organizations.
What Happened?
On February 18, 2024, The Pension Specialist experienced a data breach due to an external hacking incident. The breach was discovered several months later, on January 31, 2025. In response to the incident, written notifications were sent to affected individuals on February 14, 2025. This breach has resulted in the potential exposure of sensitive personal information for a significant number of individuals.
In addition to notifying those affected, The Pension Specialist has offered identity theft protection services through Kroll, which includes 12 months of credit monitoring, fraud consultation, and identity theft restoration services. This is an essential step for those impacted by the breach.
Next Steps
If you have been affected by the data breach at The Pension Specialist, it is crucial to understand your options. We at SLFLA (Srourian Law Firm) are here to help you navigate this challenging situation. We encourage all affected individuals to reach out to us to discuss potential legal actions and protections available to you. Your personal information is valuable, and taking proactive steps can help mitigate the risks associated with this breach.
Contact us today to schedule a consultation and ensure that your rights are protected.
Srourian Law Firm is investigating a potential class action lawsuit against The Pension Specialist for a recent data breach.
If you received a NOTICE OF DATA BREACH letter from The Pension Specialist, complete the form below so we can discuss your legal options.