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Over 20,000 Mass. Residents Affected By The Brokerage Agency’s Information Breach
On August 11, 2023, Insurance coverage brokerage agency Hub Worldwide Restricted notified the Workplace of Shopper Affairs and Enterprise Regulation of a knowledge breach on the establishment involving the private info of hundreds of Massachusetts clients in Massachusetts. In response to a notification letter despatched to impacted people in Vermont in late July, hackers have been capable of entry Hub’s techniques and replica information containing delicate buyer information between December 2022 and January 2023.
Among the many forms of private info uncovered within the information breach have been names, addresses, Social Safety numbers, driver’s license numbers, monetary account numbers, and medical info.. Hub acknowledged within the letter that it was within the strategy of notifying all people whose info was contained within the compromised information.
In response to information obtained by Company Checklists, the Hub information breach uncovered the info of 21,267 residents throughout the Commonwealth. In response to the breach, Hub is providing these affected two years of free credit score monitoring providers via Equifax to assist defend them from potential id theft and fraud.
Information Breaches in Massachusetts Surge in 2023, Impacting Thousands and thousands
In response to statistics from the Massachusetts Workplace of Shopper Affairs and Enterprise Regulation, greater than 3,559,506 Massachusetts residents have been affected by a knowledge breach, exposing private information. This quantity is nearly double the quantity affected in 2021, when a complete of two,488 information breach incidents have been reported affecting roughly 1,861,422 people.
Whereas nearly all of reported information breaches have been restricted in scope, affecting comparatively few Massachusetts residents, a number of main incidents have put tens and even tons of of hundreds of people in danger. For instance, a breach at insurance coverage supplier Harvard Pilgrim Healthcare impacted over 2,000,000 folks earlier this yr, whereas the Hashish Management Fee notified the commonwealth of a knowledge breach this yr affecting 16,000 Mass. residents. And simply final month, Corebridge Monetary disclosed a breach impacting over 90,000 Massachusetts clients.
Within the present yr, the insurance coverage trade has witnessed a development of information breaches, with Hub Worldwide not being the only entity to report such an incident to the Workplace of Shopper Affairs and Enterprise Regulation. Alongside Hub, different main companies have additionally disclosed information breaches, underscoring the sector’s vulnerability to cyber threats. The newest information on information breach notifications in Massachusetts will be seen here.
Insurance coverage corporations and brokerages are more and more prime targets for cybercriminals given the huge quantities of delicate buyer information they gather and retailer. Data like Social Safety and driver’s license numbers can be utilized to commit id theft and fraud. And medical or monetary particulars will be exploited for extortion and blackmail schemes.
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