About Money Matters
Money Matters, a financial services organization based in Tampa, Florida, recently experienced a data breach affecting 1,573 individuals, including two residents of Maine. The breach, identified as an external system hacking, occurred on July 5, 2025, and was discovered on the same day. The firm’s attorney, David Shannon, reported the incident, highlighting the compromise of personal identifiers.
What Happened
On July 5, 2025, we noticed unusual activity on our computer system and shut it down. We then hired an expert forensic security team to investigate and secure all systems. The investigation later revealed that an unauthorized outside party accessed and obtained a copy of data on a limited part of our server. We have reviewed the system and the data to determine what if any personal information was accessed and obtained by the unknown intruder.
The breach at Money Matters was a result of unauthorized access by an outside party, affecting personal data on July 5, 2025. Individuals impacted include clients whose personal identifiers were accessed.
Next Steps
Affected users should promptly enroll in the free identity protection services offered by Money Matters through IDX. It is essential to monitor credit reports and account statements vigilantly for any suspicious activity. Individuals are encouraged to contact IDX for assistance and take advantage of the credit and CyberScan monitoring available. The deadline for enrollment in these protective services is February 3, 2026.
Identity Theft Protection Services
Money Matters has partnered with IDX to provide comprehensive identity theft protection services for affected individuals. The services include 24 months of credit and CyberScan monitoring, a $1,000,000 insurance reimbursement policy, and fully managed ID theft recovery services. These measures are designed to assist in resolving any identity-related issues that may arise from the breach. Individuals can contact IDX representatives for support and guidance throughout the process.