Andersen Group Inc. Resolves Social Engineering Attack

• •A social engineering attack targeted a single employee at Andersen Group Inc.
• •Unauthorized access involved client information, but no broader system compromise occurred.
• •Andersen has notified affected clients and enhanced security measures post-incident.

Andersen Group Inc. announced a limited security incident involving a social engineering attack that affected a single employee, leading to unauthorized access to files containing client information. The company promptly initiated its cybersecurity response process, which included a forensic investigation and law enforcement notification. The investigation confirmed no broader unauthorized access to company systems and no impact on operations or client services. Affected clients have been notified, and Andersen has implemented additional security measures to prevent future incidents. The company does not anticipate any material financial impact from this incident.