On September 29, 2023, Builders Mutual Insurance Company Inc. filed a notice of data breach with the Attorney General of Maine after discovering that an unauthorized party was able to access the company’s computer network. In this notice, Builders Mutual explains that the incident resulted in an unauthorized party being able to access sensitive information belonging to claimants and current and former employees, which includes their names, Social Security numbers, medical information, health insurance information, and workers’ compensation information. Upon completing its investigation, Builders Mutual began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.
If you received a data breach notification from Builders Mutual Insurance Company Inc., it is essential you understand what is at risk and what you can do about it. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Builders Mutual Insurance data breach. For more information, please see our recent piece on the topic here.
What Caused the Builders Mutual Insurance Breach?
The Builders Mutual Insurance data breach was only recently announced, and more information is expected in the near future. However, Builders Mutual’s filing with the Attorney General of Maine provides some important information on what led up to the breach. According to this source, on December 14, 2022, Builders Mutual detected suspicious activity within its computer network. In response, the company launched an investigation with the help of third-party cybersecurity specialists to learn more about the incident and what, if any, consumer information was compromised as a result.
Builders Mutual completed its investigation, determining that an unauthorized party had gained access to its computer system on December 14, 2022 and that certain files were copied from the network the following day. Some of these files contained confidential consumer information.
After learning that sensitive consumer data was accessible to an unauthorized party, Builders Mutual Insurance reviewed the compromised files to determine what information was leaked and which consumers were impacted. Builders Mutual completed this process on August 1, 2023. While the breached information varies depending on the individual, it may include your name, Social Security number, medical information, health insurance information, and workers’ compensation information.
On September 29, 2023, Builders Mutual Insurance sent out data breach letters to anyone who was affected by the recent data security incident. These letters should provide victims with a list of which information of theirs was compromised.
More Information About Builders Mutual Insurance Company Inc.
Founded in 1984, Builders Mutual Insurance Company Inc. is an insurance company based out of Raleigh, North Carolina. The company specializes in offering various commercial insurance products, including workers’ compensation insurance, general liability insurance, property insurance and more. Builders Mutual Insurance employs more than 365 people and generates approximately $384 million in annual revenue.