On January 30, 2024, Bankers Life and Casualty Company filed a notice of data breach with the Attorney General of Texas after discovering that an unauthorized party was able to access personal information that had been entrusted to the company. In this notice, Bankers Life explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names, Social Security numbers and dates of birth. Upon completing its investigation, Bankers Life began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you received a data breach notification from Bankers Life and Casualty Company, it is essential you understand what is at risk and what you can do about it. Companies have a legal obligation to keep the sensitive information they ask for safe from hackers. When a company fails to live up to these obligations, it may be liable through a data breach lawsuit. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Bankers Life and Casualty Company data breach. For more information, please see our recent piece on the topic here.

What Caused the Bankers Life Data Breach?

The Bankers Life and Casualty Company data breach was only recently announced, and more information is expected in the near future. However, Bankers Life’s filing with the Attorney General of Texas provides some important information on what led up to the breach. Unfortunately, the available information is quite limited.

However, at this point, we know that Bankers Life reported a data security incident to the Attorney General of Texas. Due to how common third-party data breaches are, however, we can’t say that the incident involved Bankers Life’s computer network; it may have been a cyberattack targeting one of the vendors Bankers Life uses.

Regardless, after learning that sensitive consumer data was accessible to an unauthorized party, Bankers Life and Casualty Company reviewed the compromised files to determine what information was leaked and which consumers were impacted. While the breached information varies depending on the individual, it may include your name, Social Security number and date of birth.

On January 30, 2024, Bankers Life and Casualty Company sent out data breach letters to anyone who was affected by the recent data security incident. These letters should provide victims with a list of what information belonging to them was compromised.

More Information About Bankers Life and Casualty Company

Founded in 1879, Bankers Life and Casualty Company is an insurance company based out of Chicago, Illinois. Bankers Life and Casualty Company, as well as Colonial Penn and Washington National, are part of CNO Financial Group. Together, these companies provide life and health insurance, annuities, financial services, and employment benefits to millions of Americans. Bankers Life and Casualty Company employs more than 4,000 people and generates approximately $3.7 billion in annual revenue.