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Succession Wealth Data Security Breach

THIS ACTION IS NOW CLOSED

Succession Wealth – a UK-based wealth management and financial planning specialist – experienced a cyber-attack in February 2023.

This page explains how the data breach happened, the facts of the case, and the consequences for the affected victims.  

What happened in the Succession Wealth data protection breach?

Succession Wealth operates a network of more than 200 financial advisors. It also has over 20,000 clients. If your personal data has been compromised, you will be notified by Succession Wealth. 

Succession Wealth operates a network of more than 200 financial advisors. It also has over 20,000 clients. If your personal data has been compromised, you will be notified by Succession Wealth. 

To ensure they did not fall victim to further attacks, we warned anyone affected by the Succession Wealth data breach to be vigilant.

We have seen victims of similar data breaches become the target of cybercriminals, with instances of phishing, fraud, and identity theft. Our data protection experts strongly advised anyone involved in this breach to be vigilant and take necessary precautions.

Succession Wealth data breach timeline

  • 8 February 2023
    Succession Wealth was alerted to a potential attack on its IT systems
  • 15 February 2023
    The media began reporting on the Succession Wealth data breach

Your questions answered

FAQs about the Succession Wealth data security incident

In February 2023, Succession Wealth, which is owned by Aviva, confirmed it had been alerted to a potential cyber-attack. 

In a statement, Succession Wealth said: 

“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.” 

“Succession Wealth will ensure that clients will not suffer financial loss if their personal data held by Succession is misused as a result of the attack.  

“We are working to assess and resolve this situation but at this stage we cannot comment on the nature of this attack.  

“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.”