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Earlier this month, the American financial services holding company, Globe Life Inc. (“Globe Life”),
said attackers may have accessed consumer and policyholder data after breaching one of its web portals. In a filing with the U.S. Securities and Exchange Commission (SEC), Globe Life claims it first discovered the incident on Thursday, June 13, following an inquiry from a state insurance regulator.
The file further explains that the company noticed the potential breach while reviewing potential vulnerabilities related to access permissions and user identity management for the web portal. Immediately upon its discovery, Globe Life activated its incident response plan, took down the affected web portal, and hired external security experts to remedy any security issues and assess the incident.
In regards to the breach, Globe Life Associated Counsel and Corporate Secretary Christopher Moore said in the SEC filing that the investigation into the incident is still ongoing, and the full scope, nature, and impact of the breach are still unknown. Moore went on to note the incident has not had a “material impact” on the Company's operations, and Globe Life has yet to determine whether this is a material cybersecurity incident required to be reported under Item 1.05 of Form 8-K.
Globe Life is an American financial services holding company whose subsidiaries market and sell Supplemental Health Insurance. Headquartered in McKinney, Texas, Globe Life has approximately 3.3 K employees across six continents, including North America, Asia, and Europe. In 2023, the company reported an annual revenue of $5.448 billion.
Affected by the Globe Life Data Breach? Contact a Class Action Attorney Today
After a company reports a data breach, you, as a victim, have the right to not only protect your data but also demand justice from those who have carelessly handled your private information. Under the Fair and Accurate Credit Transactions Act, consumers are entitled to one free credit report annually from each of the three major credit reporting bureaus: Equifax, Experian, and TransUnion. Reviewing your reports allows you the ability to correct any errors in your credit history and protect your credit identity.
Similarly, the Fair Credit Reporting Act (FCRA) provides victims of data breaches or fraud with certain credit protections. Under the FCRA, fraud victims have the right to be informed that the information in their credit file has been used against them in a fair, timely, and accurate manner. The FCRA also allows victims to review their credit report and correct any errors that may be in their file.
Should you discover your information has been used fraudulently, victims are also granted the right to request a "credit freeze" on a credit report. A credit freeze will prohibit a credit bureau from releasing information on the credit report without your authorization and prevent credit, loans, and services from being approved in your name without your consent.
For those who are looking for more frequent credit monitoring, we highly recommend signing up for credit monitoring sites like Credit Karma, which offers customers free and daily access to their credit reports. Should you uncover fraudulent activity on your accounts, we recommend contacting the Federal Trade Commission, your state's Attorney General's office, or law enforcement to report the incident as soon as possible.
If you believe you or someone you know was affected by the Global Life data breach, we highly encourage you to contact a class action attorney today. Speaking to a class action attorney can help you better understand the scope of your situation and determine your best next steps. With our 35 years of experience, the data breach attorneys at Morgan & Morgan are uniquely prepared to help you with your data breach claim.
For more information on how a Morgan & Morgan attorney may be able to help you, complete our Jimmy Quiz to receive a free case evaluation.