Globe Life Inc.

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Globe Life Inc. filed an amended Form 8-K (Item 8.01) supplementing its October 17, 2024 disclosure that it received communications from an unknown threat actor seeking to extort money from the company in exchange for not disclosing certain information held and used by the company and its independent agents. The company says it verified the threat actor had obtained personally identifiable information of approximately 5,000 individuals, including names, email addresses, phone numbers, postal addresses and, in some instances, dates of birth, Social Security numbers, health-related data and other insurance policy information, and that certain of this data was distributed to short sellers and plaintiffs' attorneys; the exposure did not include personally identifiable financial information. The customer information was traced to databases maintained by a small number of independent agency owners. Out of an abundance of caution, the company initiated the process to provide voluntary notifications and credit monitoring to approximately 850,000 additional individuals whose information was stored in those databases, although it has not been able to confirm that their data was acquired. The company did not pay the extortion demand, says the attempts did not involve ransomware or interrupt its systems or operations, notified federal law enforcement, will seek reimbursement from its insurers, and does not expect a material impact.

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