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Ameriprise Financial, Inc. Data Breach — Case File

NH · AG Filing: Apr 8, 2025

No cost. No obligation. If your data was exposed by Ameriprise Financial, Inc., you may be entitled to financial compensation.

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Exposed Data — What's at Risk

Based on the data types reported in this filing:

Identity Theftcritical risk

Your SSN is the master key to your identity. Once exposed, criminals can open new lines of credit, take out loans, or file taxes in your name.

Identity Verification Bypassmedium risk

Combined with a name and other leaked data, date of birth helps criminals pass identity verification questions at banks and government agencies.

The Breach — What We Know

Ameriprise Financial, Inc. was the subject of a data breach notification filed with the NH Attorney General. The AG filing was recorded on April 8, 2025.

From the AG filing description

Ameriprise Financial, Inc. is a premier, nationally recognized financial services and wealth management corporation that provides comprehensive financial planning, asset management, retirement advice, insurance products, and brokerage services to millions of individual and institutional clients. Because of the core nature of its business, Ameriprise occupies a position of profound financial trust, requiring clients to entrust the institution with their most intimate and sensitive economic details. To execute effective portfolio management, execute trades, and formulate retirement strategies, the firm routinely collects, aggregates, and stores vast quantities of high-value personal and financial information, transforming its digital repositories into lucrative targets for sophisticated cybercriminal syndicates. In 2025, security incidents and data breaches reported to the New Hampshire Attorney General involving financial institutions like Ameriprise typically underscore vulnerabilities in digital infrastructure, whether through sophisticated third-party vendor compromises, unauthorized network intrusions, or credential-stuffing attacks aimed at legacy client portals. Financial sector breaches often involve malicious actors bypassing perimeter security controls to gain prolonged, unauthorized access to internal databases containing sensitive client files and account management systems. These incidents frequently reveal critical gaps in network segmentation, multi-factor authentication enforcement, and proactive threat-hunting protocols, leaving highly sensitive consumer assets exposed to exfiltration. The exposure of data originating from a premier wealth management and financial planning firm creates immediate, severe, and long-lasting risks for affected consumers. When cybercriminals obtain a combination of full names, Social Security numbers, dates of birth, financial account numbers, and routing numbers, they possess the precise building blocks required to execute unauthorized wire transfers, drain retirement accounts, and commit sophisticated financial fraud. Furthermore, access to detailed investment portfolios, tax identification details, and transactional histories enables bad actors to open fraudulent credit lines, intercept tax refunds, and subject victims to targeted phishing campaigns designed to facilitate total financial account takeover. As a regulated financial institution handling non-public personal information, Ameriprise Financial, Inc. was bound by stringent statutory and common-law duties to protect client data, most notably under the Gramm-Leach-Bliley Act (GLBA) and the FTC Act. The GLBA Safeguards Rule mandates that financial institutions develop, implement, and maintain a comprehensive written information security program containing administrative, technical, and physical safeguards specifically tailored to protect customer information. The occurrence of a widespread data breach strongly indicates a failure to maintain these mandated security standards, potentially reflecting inadequate encryption practices, delayed patch management, or insufficient monitoring of network access logs. Receiving a formal data breach notification letter from Ameriprise is a sobering acknowledgment that your confidential financial and personal information has been compromised due to corporate security failures. Legally, this notification establishes the foundational standing required to participate in class action litigation aimed at holding the institution accountable for failing to safeguard sensitive data. Victims of corporate data negligence are not required to prove that they have already suffered actual financial theft or out-of-pocket loss to seek legal redress; the increased, imminent risk of identity theft and the costs associated with mitigating that risk are actionable injuries. Our firm evaluates these cases on a strict contingency fee basis, meaning you pay absolutely nothing out of pocket and owe no legal fees unless we successfully recover compensation on your behalf.

Quick Facts

State Filed
NH
Date Reported to AG
Apr 8, 2025
Date of Breach
Not disclosed
Records Affected
Not disclosed
Status
Investigation Open
Last Updated
Oct 5, 2026
Data Types Exposed
Full NameSocial Security NumberDate of BirthFinancial Account NumberRouting NumberInvestment and Portfolio DetailsTax Identification InformationTransaction History

Check Your Eligibility

You may have been affected by the Ameriprise Financial, Inc. data breach if:

  • You received a written data breach notification letter from Ameriprise Financial, Inc.
  • You are or were a customer, patient, or employee of Ameriprise Financial, Inc.
  • Your information was held by Ameriprise Financial, Inc. in NH
  • Your bank or payment card data was potentially exposed

Your Legal Rights

Common categories of compensation in data breach class actions

Lost Time & Remediation Costs

The hours spent responding to a data breach — canceling accounts, contacting credit bureaus, updating passwords, and investigating fraud — represent compensable economic harm in data breach litigation.

Identity Theft Protection Costs

Once your SSN is exposed, protection becomes an ongoing expense. Plaintiffs in data breach settlements have recovered costs for credit freezes, identity protection subscriptions, and time spent dealing with fraudulent accounts — sometimes covering multiple years of exposure.

Banking & Account Fees

Fees charged to close and reopen accounts, issue replacement cards, or dispute fraudulent transactions are recoverable in data breach litigation. So are the costs of overdrafts, late payments, and credit damage caused by unauthorized activity.

Statutory Minimum Damages

Several state data breach laws provide for statutory minimum damages — fixed amounts recoverable per affected individual regardless of actual loss. These provisions exist specifically to make legal action viable for victims who have not yet experienced direct harm.

Note: an attorney general breach filing does not by itself establish a settlement fund, a payment amount, or a claim deadline. If an official settlement notice is later issued, rely on that notice for payment details and deadlines.

Applicable State Law

This breach was reported under the New Hampshire data breach notification law, which mandates notification and establishes your right to seek damages.

Frequently Asked Questions

Do I need proof that my data was misused to file a claim against Ameriprise Financial, Inc.?

No. Under New Hampshire data breach notification law and federal law, the unauthorized exposure of your personal data — regardless of whether it has been actively misused — can be sufficient grounds for a claim. The breach itself is the injury.

How much does filing a claim cost?

Nothing. The Law Office of David S. Harris handles data breach cases on contingency — you pay zero upfront and owe nothing unless compensation is recovered.

My Social Security Number was exposed. What should I do right now?

Immediately place a free credit freeze at all three bureaus (Equifax, Experian, TransUnion). A freeze blocks new accounts from being opened in your name. Then file a complaint with the FTC at IdentityTheft.gov and contact our office — SSN exposure is one of the most serious breach types.

My financial account data was exposed. Can the bank recover my losses?

Banks may reverse fraudulent charges, but they are not obligated to compensate you for time lost, stress, or indirect damages. A class action claim against the breached company can recover those additional categories of harm.

Is it too late to file a claim?

Statutes of limitations for data breach claims vary by state but typically run 2–4 years. Depending on when you learned of the breach, you may still have time. Contact our office for a free eligibility review — there is no cost to find out.

What if Ameriprise Financial, Inc. offered me free credit monitoring after the breach?

Accepting free credit monitoring from Ameriprise Financial, Inc. does not waive your right to pursue legal action unless you signed a specific release waiving claims. In most cases, victims who accepted monitoring can still file.

Do I need to have received a notice letter to be eligible?

Not necessarily. Many data breach victims are never notified directly. If your personal information was held by Ameriprise Financial, Inc. during the relevant period, you may still qualify even without receiving a letter. A free eligibility review can confirm your status.

Filing Window Open

Received a Notice Letter?

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This case file references a public filing made with the state filing in NH. This website is not affiliated with, endorsed by, or operated by any state government agency.

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