One of the largest third-party administrators for several major insurance companies said a cyberattack in May compromised the confidential information of more than 800,000 people.
Landmark management told Maine regulators that names, Social Security numbers and tax ID numbers were accessed by hackers.
The breach also exposed driver’s license numbers, passport numbers, bank account information, bank account numbers, and medical information for some unknown people. Health insurance contract information, life insurance contract and annuity insurance contract information.
The Texas-based company is a third-party member of insurance companies such as American Monumental Life Insurance Company, Pellerin Life Insurance Company, American Benefit Life Insurance Company, Liberty Bankers Life Insurance Company, and Liberty Bankers Insurance Group (LBIG), which includes Continental Mutual. I am working as an administrator. Insurance Company, Capitol Life Insurance Company.
The breach notification states that the first incident occurred on May 13, when the IT team discovered “suspicious activity” and had to disconnect affected systems and hire a third-party cybersecurity firm. It is stated that there was no such thing.
The investigation revealed that “Landmark’s network was compromised and data was encrypted and leaked from the system.” The hackers penetrated Landmark’s systems from May 13th to June 17th.
“While the forensic investigation was ongoing, the wrongdoer re-accessed Landmark’s environment on June 17, 2024. A third-party cybersecurity firm once again assisted in securing the environment while continuing to conduct the forensic investigation.” ,” the company said. .
Landmark said it is still investigating the incident and may continue to send infringement notices “once (the victim) is identified.” The first letters were sent out on October 23rd and 24th.
The company also said it had taken several steps to harden its systems in the wake of the attack, including data encryption. Victims will be provided with credit monitoring services for one year.
Landmark told regulators in Maine that a total of 806,519 people were affected, but it also filed documents in California and Texas, warning that about 68,000 Texans were affected. did.
Insurance companies and their partners or subsidiaries are often targeted by cyberattacks that attempt to steal large amounts of sensitive health-related data. Insurance company Globe Life reported to the U.S. Securities and Exchange Commission last week that it was being blackmailed by hackers after data on more than 5,000 people was stolen from its subsidiary.
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