Posted On August 31, 2023 Consumer Privacy & Data Breaches
August 31 – The Standard Insurance Company data breach lawyers at Console & Associates, P.C are investigating the data breach that was reported after the company was targeted in a recent cyber security attack. The Standard Insurance Company data breach resulted in the names, dates of birth and Social Security numbers of certain individuals being compromised. It is believed to have impacted as many as 308,000 individuals.
According to the Attorney General of Maine, Standard Insurance Company reported a data breach after they were targeted in a recent cyber security attack. Pension Benefit Information provides audit and address research services for insurance companies, pension funds, and other organizations, including Transaction Applications Group, Inc., a licensed third-party administrator of Accident Insurance offered by Standard Insurance Company and The Standard Life Insurance Company of New York. PBI uses the MOVEit file-transfer application, created by Progress Software. On May 31, 2023, Progress Software announced a previously unknown vulnerability within MOVEit. This vulnerability allowed hackers to access the MOVEit servers of businesses, as well as the information stored therein. PBI launched an investigation and learned that an unauthorized party accessed the company’s MOVEit server between May 29, 2023 and May 30, 2023, and downloaded certain data. On August 25, 2023, Pension Benefit Information sent out data breach letters on behalf of the Standard Insurance Company to those individuals whose information was affected by the breach.
To learn more about the Standard Insurance Company data breach, see our latest piece on the topic.
Standard Insurance Company is a holding company based in Portland, Oregon. The Standard serves as a holding company for businesses that provide insurance, retirement and investment products and services.
Our data breach lawyers are eager to speak to victims of the Standard Insurance Company data breach to determine what damages they sustained and what compensation may be available to them. If you recently received a NOTICE OF DATA BREACH from Standard Insurance Company and would like a free consultation, contact the Console & Associates, P.C. law firm at (866) 778-5500 to discuss your legal options, or submit a confidential contact form.
