EY breach reaches Goldman Sachs, Man Group clients
Ernst & Young has notified clients linked to Goldman Sachs’ wealth management business and hedge fund Man Group that personal and financial information was compromised through a technology platform used to support EY’s tax services. The disclosures broaden the known impact of a cyber incident first reported to US regulators in July. Affected information included names, addresses, tax identifiers,…
Ernst & Young has informed clients connected to Goldman Sachs' wealth management division and hedge fund Man Group that their personal and financial data may have been exposed due to a security breach in a technology platform supporting EY's tax services. The news of the incident, initially reported to US regulators in July, now includes a broader list of affected organizations.
The compromised information encompasses names, addresses, tax identifiers, email addresses, and financial details related to investment holdings. Goldman Sachs and Man Group have confirmed that their own systems were not affected by the breach. EY attributes the intrusion to an unauthorised third party gaining access to its third-party information technology service-management platform between March 28 and April 12.
The affected clients include Goldman Sachs' wealth management division, London-listed Man Group, and property developer Tishman Speyer. EY has notified federal law enforcement and provided credit monitoring and identity-protection services to affected individuals. The breach's impact on Goldman Sachs and Man Group primarily pertains to the exposure of customer or investor information within the compromised support workflow.
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