Insurance giant Globe Life investigating web portal breach

American financial services holding company Globe Life says attackers may have accessed consumer and policyholder data after breaching one of its web portals.

The insurance company believes that taking down the affected web portal will not significantly impact its operations.

After detecting the potential data breach, Globe Life also activated its incident response plan and hired external security experts to remediate any security issues and assess the incident’s full scope, nature, and impact.

Globe Life is a Texas-based holding company listed on the New York Stock Exchange with over 3,600 employees.

On April 11, Globe Life’s share price fell by 53.14% after allegations from anonymous organization Fuzzy Panda Research that Globe Life committed numerous insurance frauds-the company denied these claims.

A Globe Life spokesperson was not immediately available for comment when contacted by BleepingComputer earlier today.

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