Goldman Warns Clients About Outside Law Firm’s Data Breach

Goldman Sachs Group Inc. warned investors in some of its alternative investment funds that their data may have been exposed in a breach at one of the bank’s law firms.

In a Dec. 19 letter, Goldman said it had been informed of a “cybersecurity incident” by Fried Frank Harris Shriver & Jacobson LLP, which serves as outside counsel to many of its alternatives funds. The bank said it was working with the law firm “to better understand whether our data or our clients’ data may have been exposed.”