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Console & Associates, P.C.: Talcott Data Breach Investigation Reveals 552,821 Customers Impacted by MOVEit Data Breach
On June 28, 2023, Talcott Resolution Life Insurance Company, or Talcott, filed a notice of data breach with the Attorney General of Maine on June 28, 2023. This is the latest in a series of data breaches related to the MOVEit data breach, where the popular file transfer tool experienced a day-one vulnerability. PBI Research (PBI), one of Talcott’s vendors, lost customer data in late May due to this vulnerability in Progress Software’s program. According to the internal Talcott data breach investigation, hackers accessed the names and Social Security numbers of as many as 552,821 customers.
PBI Research has been sending out data breach notification letters to affected customers on behalf of Talcott Resolution Life Insurance Company. If you receive such a letter, you should read it in detail and opt into the identity protection services they’re offering. If you have further concerns and want to consider a Talcott data breach lawsuit, call 866-778-5500 or send us an email at info@consoleandassociates.com to schedule a free consultation.
To learn more about the Talcott Resolution Life Insurance Company data breach, read our blog post here: https://www.myinjuryattorney.com/talcott-resolution-life-insurance-company-data-breach-investigation/
The Cause of the Talcott Data Breach
Progress Software experienced a day-one vulnerability in their MOVEit file transfer software, which is a popular application for secure file transfer. One major user of this software is PBI Research, which works with many large companies that handle sensitive data. The vulnerability enabled hackers to access PBI’s information on May 29th, 2023.
While the company behind the software quickly patched the vulnerability, hackers had already accessed the data of millions of Americans. It also took several days until June 4th, 2023 for Progress Software to notify PBI of the breach. At this point, PBI began notifying its corporate clients while conducting an investigation of what data had been compromised. The Talcott data breach investigation revealed that the data included the names and Social Security numbers of more than 500,000 of the company's customers.
In the coming weeks, PBI plans to begin sending letters to all of the impacted Talcott customers. If you’re a customer of the company who hasn’t received a letter yet, watch your mail closely to see if you receive a letter. It will come with details about your leaked information, as well as identity protection services you can opt into. You should take the offer, even if you intend to pursue a Talcott data breach lawsuit. The services will reduce your short-term risks of identity theft, and accepting won’t weaken your case in court.
Background on Talcott Resolution Life Insurance Company
Talcott Resolution Life Insurance Company was originally part of The Hartford, but it became an independent company after a group of investors purchased it in May 2018. The company is based in Windsor, Connecticut, and the contracts it manages are worth approximately $90 billion. Talcott has more than 440 employees and an annual revenue of close to $1.6 billion.
It’s natural to be worried about what happens next once you’ve been exposed to identity theft. A compromised Social Security number is a long-term risk, and you don’t expect companies that you trust with your data to lose it. If our Talcott data breach investigation reveals that negligence contributed to the breach, then you might be entitled to compensation. Damages in a case like this often cover financial losses, the time you spend managing your identity theft risks, and your emotional suffering.
Learn more about your legal options by calling us at 866-778-5500 or sending us an email at info@consoleandassociates.com. Our experienced data breach lawyers are ready to offer further guidance in a free consultation.
