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Major Data Leak: Impact on Insurance Companies, Financial Service Providers, and Health Insurance Companies

Numerous companies are affected, including health insurance companies, insurance companies and financial service providers

A recent hacker attack has serious consequences Follow for countless companies. Among them are, for example Provincial Insurance and the comparison portal Verivox and several health insurance companies. In the process, hackers stole customers’ sensitive data, including personal information and banking details.

Provincial fights for stolen data from Riester pension customers

Criminals had penetrated the systems of the provincial insurance and have sensitive customer data stolen. Below are:

  • names
  • The address
  • Tax ID
  • Social Security Numbers
  • Marital status

In some cases, the hackers also stole information about the actual fee.

The data leak is a security hole in the MOVEit software. Businesses use MOVEit software to encrypt data transfer. The criminals took advantage of this. Although the manufacturer of the MOVEit software promptly security breach closed, could a full data leakage not be prevented. However, login data and passwords remained untouched. Provincial informed the customers affected by this incident.

In addition to the Provincial, other insurance companies, including Versicherungskammer Bayern and Lebensversicherung von 1871, are also affected by the MOVEit data leak.

Verivox also fell victim to hacker attacks

Verivox, a well-known online comparison service provider, also acknowledged the data leak. Here, too, the hackers who exploited the vulnerability in the MOVEit data transfer software succeeded information to steal from the user. This concerns personal data as well in some cases bank details the user. Verivox acted immediately. The company informed the relevant authorities and called in external investigators to investigate the extent of the incident.

Health insurance companies and banks are also affected

The problem isn’t just limited to the Provincial and Verivox. The data leak in the MOVEit software has far-reaching consequences Effects and affects countless companies worldwide. Among them are not only financial service providers, but also health insurance companies OK and Barmer and the banks Postbank and Deutsche Bank. These corporations have several thousand employees. This means that a data leak of this magnitude puts sensitive employee data at risk in addition to customer data. But what happens if your employer has lost your personal data? They find out here more on this topic.

Protect your data and stay alert

In order to protect your personal information from data leaks, it is advisable to always keep an overview of existing memberships available from all companies that process data.

Be special cautious when doing business online and never give sensitive information to unknown third parties by phone or email. Criminals use SMS and e-mail in particular to intercept your data. But a phone call is also possible, in which scammers confront you with made-up horror scenarios in order to get your moment of shock exploit.

A small contribution that makes a big difference: Always use it secure Passwords and one for each online portal. A will help you so that you don’t have to remember them all Passwortmanager.

Are you concerned that your personal information is at risk?

We advise you free and without obligationwhat rights you are entitled to. Contact me and my team of experts at any time in writing or by telephone Kanzlei Wawra & Gaibler:

We will be happy to help you and check your case nationwide. We will discuss them with you chances of success as well as the further procedure.

Get comprehensive information on data leaks and GDPR violations here.

Keywords: data protection law, data protection, consumer protection, data leak, GDPR

2023-07-31 15:02:26
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