In Marlton, N.J., an alarming data breach has left approximately 798,000 consumers on high alert. Pension Benefit Information, LLC, a vendor utilized by VALIC Retirement Services Company, recently experienced a security breach related to the MOVEit vulnerability, compromising sensitive personal information including social security numbers and other confidential details. As a response, Console & Associates, P.C., a team of data breach lawyers, has stepped in to investigate the claims on behalf of those affected by the VALIC Retirement Services Company breach. Their objective is to ensure that the victims are fully informed about the potential risks they face following the breach, as well as their legal rights.
The breach has severe implications for the 798,000 consumers whose personal information has been compromised. Names, social security numbers, dates of birth, policy or account numbers, and addresses are now potentially in the hands of criminals. This places the victims at a heightened risk of falling victim to identity theft and other fraudulent activities.
On July 27, 2023, VALIC Retirement Services Company filed a notice with the Attorney General of Maine, notifying them about the third-party data breach that has affected consumers across the nation. Interestingly, the attached data breach letter was authored by Pension Benefit Information (PBI), describing how unauthorized access was gained to their MOVEit servers by exploiting a vulnerability in the software. This breach has affected an estimated 798,000 customers of VALIC Retirement Services Company.
The exposed sensitive information is extensive, encompassing full names, social security numbers, policy or account numbers, dates of birth, and addresses. As a result, anyone who receives a data breach notice from Pension Benefit Information now faces a significant risk of identity theft, along with the devastating financial and legal consequences that accompany it.
For individuals who receive a data breach letter from PBI, it is crucial to take immediate steps to protect themselves. They are advised to refer to the Guide for Victims of Data Breach, available at https://www.myinjuryattorney.com/consumer-privacy-data-breach-lawyers/if-your-information-has-been-compromised-in-a-data-breach/, for detailed guidance on safeguarding their personal information.
Moreover, victims are encouraged to contact a data breach attorney promptly. They may be entitled to financial compensation if they have received a data breach letter from either PBI or VALIC Retirement Services Company. Seeking legal counsel is a prudent step to ensure that their rights are upheld.
Those seeking further information or wishing to discuss this data security incident can reach out to Console & Associates, P.C. at (866) 778-5500. Additionally, interested parties and potential plaintiffs can find more information about the data breach and potential legal actions at https://www.myinjuryattorney.com/valic-retirement-services-company-data-breach-investigation/.
It is worth noting that this press release may be considered Attorney Advertising in some jurisdictions, as per the applicable law and ethical guidelines.