On August 12, 2024, the Lincoln National Life Insurance Company (“Lincoln Financial”) filed a notice of data breach with the Attorney General of Massachusetts after discovering that personal information in the company’s possession was subject to unauthorized access. In this notice, Lincoln explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names and Social Security numbers. Upon completing its investigation, Lincoln 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 the Lincoln National Life Insurance Company, it is essential you understand what is at risk and what you can do about it. 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 Lincoln National Life Insurance Company data breach. For more information, please see our recent piece on the topic here.
What Caused the Lincoln Financial Group Data Breach?
The Lincoln National Life Insurance Company data breach was only recently announced, and more information is expected in the near future. Lincoln’s filing with the Attorney General of Massachusetts provides some information on what led up to the breach; however, the letter lacks details about what led up to the incident.
What we do know is that Lincoln recently learned that personal information belonging to an unknown number of people was subject to unauthorized access. In response, Lincoln notified its Corporate Privacy Office and took steps to address the situation and help reduce the chances of a similar incident in the future.
Lincoln also launched an investigation, which ultimately confirmed an unauthorized party was able to access confidential consumer information.
After learning that sensitive consumer data was accessible to an unauthorized party, the Lincoln National Life Insurance 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 and. Social Security number.
On August 12, 2024, the Lincoln Financial Group 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 the Lincoln National Life Insurance Company
The Lincoln National Life Insurance Company is an insurance company and subsidiary of the Lincoln National Corporation, which goes by the Lincoln Financial Group. The Lincoln National Life Insurance Company operates a variety of insurance and financial services businesses, including Lincoln Life & Annuity Company of New York, First Penn-Pacific Life Insurance Company, and Lincoln Financial Distributors. The Lincoln National Corporation employs more than 11,000 people and generates approximately $12 billion in annual revenue.