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Insurance giant Globe Life facing extortion attempts after data theft from subsidiary

In Insurance News, Data Breach News
October 18, 2024

The Record reports:

Insurance firm Globe Life is being extorted by hackers after data on more than 5,000 people was stolen from a subsidiary.

The company told regulators at the U.S. Securities and Exchange Commission (SEC) that it reported the incident to federal law enforcement. 

“Based on the Company’s investigation to date, which remains ongoing, the Company believes that information relayed to the Company by the threat actor may relate to certain customers and customer leads that can be traced to the Company’s subsidiary, American Income Life Insurance Company,” the company explained in the filing. Globe Life declined to comment for this article.

Read more at The Record.