Schubert Jonckheer & Kolbe LLP, a law firm based in San Francisco, is currently conducting an investigation into a data breach that has affected the personal information of more than 2.5 million customers, policy holders, and agents of Genworth Financial, Inc. and its affiliated life insurance companies. The breach was initially disclosed on May 31, 2023, and is believed to have originated from a security vulnerability in the MOVEit file transfer program, which was used by a third-party vendor contracted by Genworth.
The vendor, PBI Research Services, utilized the compromised software to transfer files containing sensitive personal information of specific Genworth customers and insurance agents. The breached data includes customers’ names, dates of birth, Social Security numbers, and policy numbers. Additionally, certain Genworth insurance agents had their personal information exposed, including names, dates of birth, full addresses, and Social Security numbers. Genworth has advised affected individuals that they may receive a notification letter from either Genworth or PBI.
If anyone has been impacted by this incident, they may potentially be entitled to financial compensation and an injunction to enforce changes in security practices. If you have received a notification regarding this data breach or if you are a customer or agent of Genworth Financial and would like to know more about your legal rights, Schubert Jonckheer & Kolbe LLP encourages you to reach out to them through their website.
Schubert Jonckheer & Kolbe LLP is a legal firm that specializes in representing shareholders, employees, and consumers in class action lawsuits against corporate defendants. They also represent shareholders in derivative actions against officers and directors. Based in San Francisco, the firm collaborates with co-counsel to handle cases across the nation.
Data breaches have become a significant concern in recent years as technology continues to advance at a rapid pace. Companies across various industries are increasingly targeted by cybercriminals aiming to exploit security vulnerabilities and access sensitive information. In response to these threats, organizations must prioritize the implementation of robust security measures to protect the personal data of their customers and employees.
In this particular case, Genworth Financial and its affiliated life insurance companies have become victims of a breach due to a vulnerability in a software program used for file transfer. This incident emphasizes the importance of regularly updating and patching software to ensure that potential security weaknesses are promptly addressed. It also serves as a reminder that third-party vendors, who often have access to sensitive data, must meet strict security standards and protocols.
As investigations into the Genworth data breach continue, affected individuals should stay vigilant and take appropriate measures to safeguard their personal information. This includes monitoring financial accounts, updating passwords, and taking advantage of credit monitoring services if available. It is vital to report any suspicious activity or signs of identity theft to the relevant authorities and financial institutions promptly.
In conclusion, Schubert Jonckheer & Kolbe LLP is actively investigating the data breach that has affected over 2.5 million customers, policy holders, and agents of Genworth Financial and its affiliated life insurance companies. The breach originated from a vulnerability in a software program used by a third-party vendor. Genworth has provided information to those impacted and is working to address the situation. As individuals are potentially entitled to compensation and changes in security practices, Schubert Jonckheer & Kolbe LLP encourages anyone affected to reach out for further information. Data breaches serve as a reminder for companies to prioritize cybersecurity measures to protect sensitive information and for individuals to remain vigilant in safeguarding their personal data.