• Globe Life data breach may have affected 850,000 more patients th

    From TechnologyDaily@1337:1/100 to All on Mon Feb 3 15:00:07 2025
    Globe Life data breach may have affected 850,000 more patients than
    previously thought

    Date:
    Mon, 03 Feb 2025 14:57:00 +0000

    Description:
    Healthcare company initially said cyberattack affected 5,000 people, but stressed the number is likely bigger.

    FULL STORY ======================================================================Globe Life was hit by a cyberattack in summer 2024, which affected thousands of users The investigation has now determined the attack affected more than 850,000 victims The attackers tried to extort the company for money

    American insurance company Globe Life says approximately 855,000 people are now thought to have been affected by the ransomware attack it recently suffered.

    In mid-June 2024, the company reported a cybersecurity incident in which unknown third parties accessed sensitive customer data through one of its web portals. In an 8-K form filed with the SEC at the time, Globe Life said
    crooks accessed sensitive data on at least 5,000 customers, but stressed that the final number, confirmed after an in-depth investigation, is likely to be
    a lot bigger.

    The new investigation has now claimed, approximately 850,000 additional individuals were impacted, with the unnamed perpetrators stealing peoples names, email addresses, phone numbers, postal addresses, and in some instances, dates of birth, Social Security numbers, health-related data and other insurance policy information - but fortunately, financial information was not stolen.

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    Globe Life said that the attackers tried to extort money for the stolen data, but failed.

    The company did not pay the demanded extortion payment and instead notified federal law enforcement and continues to assist law enforcement in the investigation of this activity, Globe Life said in its latest report.

    The company has initiated the process to provide notification to, and credit monitoring services for, these individuals.

    Although the crooks demanded a ransom payment for the data, they did not lock down the systems, or delete files from the affected systems. Therefore, the breach did not impact the companys operations, Globe Life stressed.
    Therefore, it doesnt expect the attack to have a material impact on its business. Costs and expenses stemming from this attack will be covered by insurance.

    Globe Life is one of the biggest life and health insurance providers in the United States, with annual revenue of more than $5 billion.

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    Link to news story: https://www.techradar.com/pro/security/globe-life-data-breach-may-have-affecte d-850-000-more-patients-than-previously-thought


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