Giant US insurer admits second information hack

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Giant US insurer admits second information hack | Insurance Business America















Tens of 1000’s affected

Giant US insurer admits second data hack

Prudential Insurance has introduced that hackers stole the data of greater than 36,000 individuals in a February breach.

In a regulatory submitting in Maine, Prudential’s legislation agency, Debevoise & Plimpton, stated the insurer detected unauthorized entry to its community on Feb. 5, in line with a report by The Record.

“Through the investigation, we learned that the unauthorized third party gained access to our network on February 4, 2024, and removed a small percentage of personal information from our system,” the submitting stated.

According to Prudential, the names, addresses, and driver’s license or ID card numbers of 36,545 individuals had been accessed. The firm has notified legislation enforcement of the breach and employed an outdoor cybersecurity agency to help in its response.

Victims of the breach shall be given two years of identification safety providers, The Record reported.

On Feb. 13, Prudential filed paperwork with the Securities and Exchange Commission stating {that a} cybercrime group had been in a position to entry “administrative and user data from certain information technology systems” and “a small percentage” of consumer accounts related to staff and contractors.

On Feb. 16, ransomware gang AlphV claimed accountability for the assault. The gang can also be accountable for a February assault in opposition to mortgage lender loanDepot, The Record reported.

Law enforcement businesses within the US, the UK and the European Union coordinated a takedown of AlphV’s web site in December, however the ransomware group was rapidly in a position to set up a brand new platform, in line with The Record. The group was additionally allegedly tangentially concerned within the current Change Healthcare assault. That assault was carried out by a special ransomware group, and resulted within the cost of a $22 million ransom – which AlphV allegedly then stole from the opposite cybercrime group, The Record reported.

Last week, the State Department introduced a reward of as much as $10 million for details about the identification or location of AlphV members.

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