Globe Life Inc.

bd_9953c8548417b8b1 · schema v1 · pii pii-v1

Globe Life Inc. disclosed in a voluntary Item 8.01 Form 8-K that an unknown threat actor sought to extort the company in exchange for not disclosing information held by the company and its independent agents. Globe Life activated its incident response plan, engaged external counsel and cybersecurity experts, and reported the extortion attempt to federal law enforcement. The company's ongoing investigation indicates the information may relate to customers and customer leads traceable to its subsidiary, American Income Life Insurance Company, and includes PII such as names, email addresses, phone numbers, postal addresses, and in some instances Social Security numbers, health-related data, and other policy information for approximately 5,000 individuals — a figure the company states has not been fully verified. The threat actor also shared information on a limited number of individuals with short sellers and plaintiffs' attorneys, and claims to possess additional, unverified categories of information. The company states the extortion did not involve ransomware or any interruption to its systems or operations, and that it does not expect a material impact.

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