Bankers Life Data Breach Investigation

Turke & Strauss LLP, a leading data breach law firm, is investigating Bankers Life and Casualty Company (“Bankers Life”) regarding its recent data breach. The Bankers Life data breach involved sensitive personal identifiable information belonging to over 45,000 individuals.

ABOUT BANKERS LIFE AND CASUALTY COMPANY:

Bankers Life is an insurance and financial services company based in Illinois. Founded in 1879, Bankers Life helps meet the insurance needs of middle-income retirees as part of the nationwide subsidiaries of CNO Financial Group, Inc., which provide life and health insurance, annuities, financial services, and workforce benefits solutions to millions of policyholders.3 Dedicated to helping clients navigate retirement, Bankers Life is one of the largest providers of Medicare Supplement insurance, long-term care insurance and other products that help people who are near or in retirement protect their financial security.3 Headquartered in Chicago, Illinois, Bankers Life has more than 230 locations across the United States and employs over 1,000 individuals.

WHAT HAPPENED?

On November 29, 2023, Bankers Life discovered that it had experienced a data breach in which sensitive personal identifiable information in its systems may have been accessed. Through its investigation, Bankers Life determined that an unauthorized actor may have accessed this sensitive information through a complex “SIM swapping” attack. On January 26, 2024, Bankers Life began notifying individuals whose information may have been impacted. The type of information potentially exposed includes:

  • Name
  • Social Security number
  • Date of birth
  • Policy numbers

If you received a breach notification letter from Bankers Life and Casualty Company:

We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at (608) 237-1775 or sam@turkestrauss.com.

If you were impacted by the Bankers Life data breach, you may consider taking the following steps to protect your personal information.

  1. Carefully review the breach notice and retain a copy;
  2. Enroll in any free credit monitoring services provided by Bankers Life and Casualty Company:
  3. Change passwords and security questions for online accounts;
  4. Regularly review account statements for signs of fraud or unauthorized activity;
  5. Monitor credit reports for signs of identity theft; and
  6. Contact a credit bureau(s) to request a temporary fraud alert.

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