Data Breach Notifications

Entity Information

  • Type of Organization: Financial Services
  • Entity Name: Financial Asset Management Systems ("FAMS")
  • Street Address: 665 Molly Lane, Suite 110
  • City: Woodstock
  • State, or Country if outside the US: Georgia
  • Zip Code: 30189

Submitted By

  • Name: Tim Farmer
  • Title: Chief Financial Officer
  • Firm name (if different than entity):
  • Telephone Number: 678-469-5797
  • Email Address:
  • Relationship to entity whose information was compromised: Employee/CFO

Breach Information

  • Total number of persons affected (including residents): 10055
  • Total number of Maine residents affected: 52
  • If the number of Maine residents exceeds 1,000, have the consumer reporting agencies been notified: No
  • Date(s) Breach Occured: 03/31/2023
  • Date Breach Discovered: 08/31/2023
  • Description of the Breach:
    • External system breach (hacking)
  • Information Acquired - Name or other personal identifier in combination with: Social Security Number

Notification and Protection Services

  • Type of Notification: Written
  • Date(s) of consumer notification: 09/29/2023
  • Copy of notice to affected Maine residents: FAMS- Navient- Maine Letter - final.pdf
  • Date of any previous (within 12 months) breach notifications: n/a
  • Were identity theft protection services offered: Yes
  • If yes, please provide the duration, the provider of the service and a brief description of the service: TransUnion, 12 months, identity theft protection services and credit monitoring