American monetary providers holding firm Globe Life says attackers could have accessed shopper and policyholder knowledge after breaching one in every of its internet portals.
The incident was found on Thursday, June 13, whereas reviewing potential vulnerabilities associated to entry permissions and consumer identification administration for the online portal following an inquiry from a state insurance coverage regulator.
“Immediately upon notification of these circumstances, the Company removed external access to the portal,” stated Christopher T. Moore, Affiliate Counsel and Company Secretary at Globe Life, in a submitting with the U.S. Securities and Change Fee (SEC) on Friday.
“At this time, the Company believes the issue is specific to this portal, and all other systems remain operational.”
The insurance coverage firm believes that taking down the affected internet portal won’t considerably impression its operations. After detecting the potential knowledge breach, Globe Life additionally activated its incident response plan and employed exterior safety specialists to remediate any safety points and assess the incident’s full scope, nature, and impression.
“As the investigation of the incident is ongoing, the full scope, nature and impact of the incident are not yet known,” Moore added.
“However, as of the date of this report, the incident has not had a material impact on the Company’s operations, and the Company has not determined whether this is a material cybersecurity incident required to be reported under Item 1.05 of Form 8-K.”
Globe Life is a Texas-based holding firm listed on the New York Inventory Change with over 3,600 staff. It supplies life, well being, and worksite insurance coverage services and products by means of its wholly-owned subsidiaries, together with direct-to-consumer and unique and impartial businesses.
On April 11, Globe Life’s share worth fell by 53.14% after allegations from nameless group Fuzzy Panda Analysis (which had taken a brief place on the corporate) that Globe Life dedicated quite a few insurance coverage frauds—the corporate denied these claims.
A Globe Life spokesperson was not instantly out there for remark when contacted by BleepingComputer earlier at present.
