Humungous Insurance Information Leak Exposes Data of 1.6 Million Users
Cyberattack on Landmark Admin Affects Millions More Than Originally Reported
The personal details of more than double the initially reported individuals may have been swiped in a cyberattack on insurance administrator, Landmark Admin, according to a recent update. The attack, happening in May 2024, is believed to have compromised the information of around 1.6 million people, a significant increase from the earlier reported 806,000 individuals.
Based in Texas, Landmark Admin provides third-party administration services, such as accounting, regulatory reporting, reinsurance, and IT support, to various life insurance and annuity companies like Liberty Bankers Life and American Benefit Life. Even if you haven't interacted with Landmark Admin directly, your data might still have been jeopardized.
The Unraveling of Landmark Admin
Unsavory activity was detected on Landmark Admin’s networks on May 13, 2024. Then, in October 2024, there was an announcement that the breach had exposed the information of about 806,000 individuals. However, it now appears that at least 1,613,773 people-and potentially more- may have been affected.
The nature of rented VPN credentials suggests the attack might have been elaborate, with signs that the perpetrators attempted to re-enter Landmark Admin’s systems during the probe. The full extent of the data leaked remains under review, as Landmark Admin hasn't managed to inconclusively catalog all stolen information. Moreover, Landmark has been sending out letters to notify the affected parties about the compromised details.
The stolen data may contain sensitive information, such as names, addresses, Social Security numbers, financial account details, medical data, insurance and annuity policy information, and more. Fortunately, credit card data seems to have remained secure.
Protecting Yourself and Your Information
Although you can’t reverse the damage once the information has been exposed, you can stay vigilant and follow best practices for browsing, communication, and financial transactions to decrease the likelihood of identity theft.
Examine your banking and credit account activity regularly, keep a watchful eye on your credit reports, and lock down your Social Security number, among other protective measures. Counteract common phishing techniques by being weary of clicking links, opening attachments, or dialoguing with unfamiliar parties in emails or messages, answer unknown calls, and navigate directly to websites by typing the URL in your browser instead of relying on search results.
If you’ve been affected by the Landmark Admin breach specifically, you’re entitled to a 12-month membership for credit monitoring and identity protection services through IDX. The package includes a $1,000,000 insurance reimbursement policy and identity theft recovery services. As Landmark is actively notifying the affected parties, you can approach them through the customer support helpline (844-428-5109) if you have concerns and seek assistance between 8 a.m. and 8 p.m ET, Monday through Friday.
- The landmark tech breach at Landmark Admin, initially reported to affect 806,000 individuals, has been estimated to possibly impact 1,613,773 people, based on the latest update.
- The cyberattack on Landmark Admin, a Texas-based company offering services like reinsurance and IT support, has potentially jeopardized the data of millions, beyond those who had direct interactions.
- The business community is abuzz with the latest revelations about the Landmark Admin data breach, raising concern in the realms of finance, cybersecurity, and data-and-cloud-computing technology.
- On October 2024, Landmark Admin announced a data breach that exposed the data of approximately 806,000 individuals, but recent findings suggest a possible exposure of 1.6 million records.
- With signs of an elaborate cyberattack, such as the use of rented VPN credentials, the full extent of the stolen data from Landmark Admin's business remains under review.
- Landmark Admin customers affected by the breach are entitled to a 12-month membership for credit monitoring and identity protection services through IDX, including a $1,000,000 insurance reimbursement policy and identity theft recovery services.
