February 13, 2024 By Sergiu Gatlan
Prudential Financial has disclosed that its network was breached last week, with the attackers stealing employee and contractor data before being blocked from compromised systems one day later.
This leading global financial services Fortune 500 company manages roughly $1.4 trillion in assets, and it provides insurance, retirement planning, as well as wealth and investment management services to over 50 million customers across the United States, Asia, Europe, and Latin America.
As the second-largest life insurance company in the U.S., it also reported revenues of more than $50 billion in 2023, employing 40,000 people worldwide.
As revealed in an 8-K form filed with the U.S. Securities and Exchange Commission earlier today, the company detected the breach on February 5, and it said the attackers gained access to some of its systems one day earlier, on February 4.
"As of the date of this Report, we believe that the threat actor, who we suspect to be a cybercrime group, accessed Company administrative and user data from certain information technology systems and a small percentage of Company user accounts associated with employees and contractors," Prudential said.
