Data breach at CIC Group compromises client data. US financial services company reports breach of consumer info.

Summary

By the CyberWire staff

At a glance.

Data breach at CIC Group compromises client data.
US financial services company reports breach of consumer info.

Data breach at CIC Group compromises client data.

JDSupra reports that US commercial and industrial business holding company CIC Group, Inc. suffered a data breach in which confidential client data were exposed. Few details have been shared, but according to the company’s filing with the Texas Attorney General, an investigation conducted by CIC Group has confirmed that some confidential information in the company’s possession was made available to an unauthorized party. The compromised data potentially include client names, addresses, and Social Security numbers, and CIC Group sent notification letters to the impacted individuals earlier this week. The company and its subsidiaries (which include Nooter, Nooter Ericksen, Wyatt, and Delta Bundle/Extraction Mechanical) support clients in the energy sector looking to solve engineering and construction challenges.

US financial services company reports breach of consumer info.

IMA Financial Group, Inc, an integrated financial services company located in the US state of Kansas, also disclosed a breach in which an unauthorized party gained access to consumer data. JDSupra explains that IMA first detected unusual network activity on October 19, 2022, after which the company secured the network and enlisted a team of cybersecurity specialists to conduct an investigation. It was determined that certain folders containing confidential information belonging to consumers had been accessed by an unauthorized individual. Consumer names, dates of birth, Social Security numbers, and driver’s license and other government identification numbers were exposed, as well as some health data and information related to insurance claims.

Selected Reading

#RSAC: Ransomware Poses Growing Threat to Five Eyes Nations (Infosecurity Magazine) Representatives of four of the five Five Eyes nations outlined the growing threat ransomware poses and approaches to thwart it

Ransomware re-emerges as hackers ‘make up for lost time’: Zywave Cyber Risk 2023 (Insurance Insider) The re-emergence of ransomware as a major cyber threat, with actors displaying increasingly aggressive tactics, was a key theme at the Zywave Cyber Risk Insights Conference in London.

CIC Group, Inc. Notifies Individuals of Recent Data Breach (JD Supra) On April 24, 2023, CIC Group, Inc. filed a notice of data breach with the Texas Attorney General’s Office after learning that confidential consumer...