Insurance coverage big Globe Life completed the investigation into the data breach it suffered final June and says that the incident could have impacted an extra 850,000 prospects.
Globe Life was based in 1900 and is among the largest suppliers of life and medical health insurance plans in america. It has a market capitalization of $12 billion and a complete income that exceeds $5.3 billion.
On June 13, 2024, the corporate found throughout a security evaluate of its networks that it had been compromised by hackers who had gained unauthorized entry to one in every of its net portals.
Globe Life shared in October the primary outcomes of its investigation, which was assisted by exterior cybersecurity consultants, pointing to a small-scale breach at its subsidiary, American Revenue Life Insurance coverage Firm. The evaluation on the time was that the incident affected roughly 5,000 people.
The corporate has shared the most recent outcomes of the investigation into the data breach in a brand new submitting with the U.S. Securities and Alternate Fee (SEC), and says that the risk actor accessed particular databases maintained by just a few unbiased company house owners that held private knowledge of about 850,000 folks.
Though World Life couldn’t affirm if the data stolen by the risk actor extends past the almost 5,000 people already recognized, the corporate determined to train warning and notify the remainder of the doubtless impacted prospects, in addition to present credit score and monitoring companies.
The doubtless uncovered info varies per particular person and should embody:
- Full names
- E-mail addresses
- Telephone numbers
- Postal addresses
- Dates of delivery
- Social Safety numbers (SSNs)
- Well being-related knowledge
- Insurance coverage coverage info
Following the incident, the hacker contacted the corporate in an extortion try. Nonetheless, World Life says that it declined to pay a ransom to the attacker. The breach didn’t contain knowledge encryption, nor did it affect the operation of IT techniques.
Globe Life states that, at the moment, it doesn’t consider the security incident could have a cloth affect on its enterprise, whereas prices, bills, and losses stemming from it is going to be claimed by its insurers.
