On August 12, 2024, Lincoln National Life Insurance Company (“Lincoln Financial”) reported a data breach to the Massachusetts Attorney General after determining that personal information in the company’s possession had been exposed to unauthorized access. In this report, Lincoln states that the incident resulted in an unauthorized party being able to access consumers’ confidential information, including their names and social security numbers. After completing the investigation, Lincoln began sending data breach notification letters to all individuals whose data was affected by the recent data breach.
If you have received a data breach notification from Lincoln National Life Insurance Company, it is important that you understand the risks involved and what you can do about them. A data breach lawyer can help you learn more about how to protect yourself from fraud or identity theft and discuss your legal options after the Lincoln National Life Insurance Company data breach. For more information, see our recent article on this topic. Here.
What caused the Lincoln Financial Group data breach?
The data breach at Lincoln National Life Insurance Company was only recently disclosed and more information is expected in the near future. Lincoln’s filing with the Massachusetts Attorney General contains some information about what led to the data breach, but the letter lacks details about what led to the incident.
What we do know, however, is that Lincoln recently learned that personal information belonging to an unknown number of individuals was exposed to unauthorized access. Lincoln has subsequently notified its Corporate Privacy Office and taken steps to resolve the situation and reduce the likelihood of a similar incident in the future.
Lincoln also launched an investigation that ultimately confirmed that an unauthorized party had access to confidential consumer information.
After learning that sensitive consumer data was accessible to unauthorized parties, Lincoln National Life Insurance Company reviewed the compromised files to determine what information was leaked and which consumers were affected. While the compromised information varies by individual, it may include your name and Social Security number.
On August 12, 2024, Lincoln Financial Group sent out data breach notification letters to everyone affected by the recent data breach. These letters were intended to provide victims with a list of the information belonging to them that had been compromised.
More information about Lincoln National Life Insurance Company
Lincoln National Life Insurance Company is an insurance company and subsidiary of Lincoln National Corporation, which does business as Lincoln Financial Group. Lincoln National Life Insurance Company operates a number of insurance and financial services businesses, including Lincoln Life & Annuity Company of New York, First Penn-Pacific Life Insurance Company, and Lincoln Financial Distributors. Lincoln National Corporation employs more than 11,000 people and has annual revenues of approximately $12 billion.
