Nationwide Mutual Insurance Co. agreed to a $5.5 millionsettlement over a 2012 data breach that led to the theftof more than 1 million customers' personal information, attorneysgeneral for 33 states announced Wednesday.

The settlement came after the states claimed Nationwide and asubsidiary failed to apply a critical security patch to its networkthat could have protected it from the cyberattack. Attorneysgeneral from Connecticut, Florida, New York, Pennsylvania, Texasand Washington, D.C., were among those involved with thesettlement.

Data from consumers seeking quotes

Hackers were able to gain access to Social Security numbers,driver's license numbers, credit scoring information and otherpersonal data the company collected on consumers seeking quotes,according to New York Attorney General Eric Schneiderman's office.Many of the victims were not ultimately insured by Nationwide.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.