Financial Advice Company Morningstar Announces It Was Hacked

Business

0  Updated at 12:46 pm, July 7th, 2013 By: EastIdahoNews.com
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iStockphoto/Thinkstock(NEW YORK) — The investment research provider Morningstar announced it discovered a cyber-break-in that may have compromised email addresses, passwords, and credit card numbers of nearly 200,000 clients.

According to the company, the security breach took place in early April, though they have only just now made it public. Some clients’ info was stored in the targeted Morningstar Document Research system, and there is a potential that hackers have been able to use it.

Morningstar has notified federal regulators and sent notices to clients instructing them to reset their passwords. They are offering a year of free identity protection to clients whose information was compromised.

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