Geico, Travelers Fined $11.3M for Lax Data Security
ID: 693bb4d7-bb85-5829-a505-7143c651fd0f
STIX ID: report--693bb4d7-bb85-5829-a505-7143c651fd0f
Feed Name: Dark Reading
Threat Score
Two New York insurers, GEICO and Travelers, were found to have poor data security after threat actors exploited vulnerabilities and compromised quoting tools to steal drivers' license numbers; the stolen PII was used to file fraudulent unemployment claims. Regulators fined GEICO $9.75M and Travelers $1.55M (total $11.3M) and required comprehensive remediation measures including improved access controls, logging/monitoring, data inventories, penetration testing, and enhanced incident response.
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