Index Fund Advisors Provides Notice of Data Security Event

Irvine, CA, December 24, 2021- Today, Index Fund Advisors Incorporated ("IFA") issued notice of a data security event that potentially affected the confidentiality of information related to certain individuals.

On or about August 5, 2021, IFA's internal IT Department detected possible unauthorized access to certain IFA systems.  Upon discovery of the suspicious activity, IFA immediately took steps to secure IFA's systems and launched an investigation and engaged a third-party forensic investigation firm to determine the nature and scope of the activity. After a thorough investigation, IFA confirmed that an authorized actor potentially accessed certain files within IFA's system on August 5, 2021. In an abundance of caution, a thorough, time-intensive review of the contents of the systems was done to determine if any personal information may have been accessible within the systems and to whom that information might relate. On or about November 30, 2021, after a thorough review process, IFA determined personal information was contained within the impacted accounts.

While the investigation found no evidence of actual or attempted misuse of information related to this incident, the review did determine that the information present in the affected email accounts may include certain personal information such as the following names, addresses, dates of birth, financial information, and Social Security numbers.

IFA is notifying potentially affected individuals by this posting and by mailing letters to potentially affected individuals. IFA also notified state regulators. IFA is offering free credit monitoring and identity restoration services by those affected by this incident. For individuals seeking additional information regarding the incident, a dedicated toll-free assistance line has been established. To ensure questions are answered in a timely manner, please call the dedicated information line at 833-256-3152, available Monday through Friday between 8 am to 10 pm Central, or Saturday and Sunday from 10 am- 7pm Central (excluding major U.S. holidays).  Additional information, including general guidance on protecting against identity theft and fraud, can be found at https://www.ifa.com/notice-of-incident/.

The privacy and security of information in IFA's possession are among its highest priorities. IFA takes this incident very seriously and upon discovering this incident, IFA immediately secured IFA's systems and took steps to determine what information was potentially impacted. As part of its ongoing commitment to the security of information in our care, IFA is implementing additional safeguards to further protect the security of information in our systems. IFA has also provided notice of this event to state regulators, as required, and federal law enforcement

IFA sincerely regrets any inconvenience or concern this incident may have caused. 

Media Contact: Wes Long, 949-428-0435

/PRNewswire/ -- Dec. 24, 2021/

SOURCE Index Fund Advisors, Inc.