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Wilton Reassurance: Vulnerability Exploit
In 2023, Wilton Reassurance, a New York-based insurance provider, found itself entangled in a cyber nightmare. The incident involved cybercriminals exploiting a software vulnerability, resulting in a breach that affected a staggering 1,482,490 of its customers.
Sensitive customer data was compromised during the attack, putting individuals at risk of identity theft, financial fraud, and other potential repercussions. Details such as names, dates of birth, Social Security numbers, and policy information were exposed, leaving customers vulnerable to exploitation by malicious actors.
NCB Management: Credit Card Data Breach
In 2023, NCB Management, a debt collection services provider, faced a grave cybersecurity breach, compromising almost one million financial records. The incident exposed a range of sensitive data, including credit card information and a wealth of personal details.
The scope of the compromised data was extensive, encompassing customers' first and last names, addresses, phone numbers, email addresses, dates of birth, employment positions, pay amounts, driver's license numbers, Social Security numbers, account numbers, credit card numbers, routing numbers, account balances, and account statuses. The exposed credit card data raised significant concerns as it could be utilized for various fraudulent activities, leading to severe financial losses for the affected individuals.
MCNA Insurance: Ransomware Attack
In February this year, MCNA Insurance experienced a harrowing ransomware attack that sent shockwaves through the finance industry. The attack affected 112 covered entities and resulted in the theft of sensitive personal and health insurance data.
The ransomware attack targeted a wealth of personal information, including customers' first and last names, physical addresses, dates of birth, phone numbers, email addresses, and Social Security numbers. Additionally, health insurance data, such as plan information, insurance provider details, member numbers, and Medicaid-Medicare ID numbers, were compromised. Moreover, the attackers gained access to information related to patients' treatment, bills, and insurance claims, raising significant concerns about medical privacy and the potential for healthcare fraud.
One of the key takeaways from this incident is the importance of reporting cybersecurity incidents promptly. MCNA Insurance's disclosure came later than ideal, with the attack occurring between 27 February and 7 March, but the breach was only disclosed on 26 May.
