Pension Benefit Information Data Breach Investigation | MOVEit
The Lyon Firm is investigating the data security incident involving the MOVEit transfer software and Pension Benefit Information data breach. Contact the firm for a free consultation.
Pension Benefit Information (PBI) has begun contacting over 370,000 individuals to alert them of a recent data security event. Those seeing the data breach notice letters are receiving them because PBI provides audit and address research services for Fidelity Investments, the provider of administrative services for several retirement plans.
The Pension Benefit Information Breach: What Happened?
In May 2023, Progress Software, the provider of MOVEit Transfer software, disclosed a vulnerability in their software that could have been exploited by an unauthorized third party. The alleged hackers accessed a MOVEit Transfer server on May 29, 2023 and May 30, 2023 and downloaded personal data.
All the details of the breach are not yet known, though very sensitive personal data may have been leaked, including Social Security numbers. Several insurance companies have been impacted in this attack, including Nuance Communications, BMO Bank and MassMutual Ascend.
The Lyon Firm has experience representing plaintiffs nationwide in class action privacy lawsuits and data theft cases. Contact the firm for more information.