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Industry News: ESG5

    Know Your Breach: Globe Life

    Feb 21, 2025 8:31:27 AM

    The Target: Globe Life is an American financial services holding company.

    The Take: The information potentially exposed includes names, email addresses, phone numbers, and postal addresses. In some cases, Social Security numbers, health-related data, and other personal details may also have been involved.

     The Vector: The ongoing review indicated that the breach may have involved information linked to its American Life Insurance Co. subsidiary. In a new SEC filing on Jan. 30, Globe Life reported that customer information compromised in the attack was traced to databases maintained by a limited number of independent agency owners.

    This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.

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    Topics:GlobalKnow Your Breach

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