Insurance coverage big Globe Life completed the investigation into the info breach it suffered final June and says that the incident could have impacted a further 850,000 clients.
Globe Life was based in 1900 and is likely one of the largest suppliers of life and medical health insurance plans in the US. 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 safety overview of its networks that it had been compromised by hackers who had gained unauthorized entry to certainly one 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 info breach in a new submitting with the U.S. Securities and Trade Fee (SEC), and says that the risk actor accessed particular databases maintained by a couple of impartial company house owners that held private information of about 850,000 individuals.
Though International Life couldn’t affirm if the knowledge stolen by the risk actor extends past the practically 5,000 people already recognized, the corporate determined to train warning and notify the remainder of the possibly impacted clients, in addition to present credit score and monitoring providers.
The possibly uncovered data varies per particular person and will embrace:
- Full names
- E-mail addresses
- Cellphone numbers
- Postal addresses
- Dates of beginning
- Social Safety numbers (SSNs)
- Well being-related information
- Insurance coverage coverage data
Following the incident, the hacker contacted the corporate in an extortion try. Nonetheless, International Life says that it declined to pay a ransom to the attacker. The breach didn’t contain information encryption, nor did it affect the operation of IT programs.
Globe Life states that, presently, it doesn’t consider the safety incident can have a fabric affect on its enterprise, whereas prices, bills, and losses stemming from it is going to be claimed by its insurers.