First Financial Security Notifies Consumers of Data Breach Following October 2023 Ransomware Attack | Console and Associates, P.C. | #ransomware | #cybercrime

On January 19, 2024, First Financial Security, Inc. (“FFS”) filed a notice of data breach with the Attorney General of California after discovering that the company was recently targeted in a ransomware attack. In this notice, FFS explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names, Social Security numbers, and personal information. Upon completing its investigation, FFS began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you received a data breach notification from First Financial Security, Inc., it is essential you understand what is at risk and what you can do about it. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the First Financial Security data breach. For more information, please see our recent piece on the topic here.

What Caused the First Financial Security Data Breach?

The First Financial Security data breach was only recently announced, and more information is expected in the near future. However, FFS’s filing with the Attorney General of California provides some important information on what led up to the breach. According to this source, FFS is a national brokerage agency that works to equip, train, and support licensed insurance representatives. As a result, FFS obtains confidential information belonging to life insurance policyholders and brokers.

On October 17, 2023, FFS learned that it had recently been the victim of a ransomware attack. In response, FFS secured its system and determined that the ransomware attack was not successful in freezing the company’s system. However, after conducting an investigation with the help of third-party data security experts, FFS was able to determine that the hackers responsible for the attack were able to access portions of its IT network.

After learning that sensitive consumer data was accessible to an unauthorized party, First Financial Security reviewed the compromised files to determine what information was leaked and which consumers were impacted. First Financial Security completed this process on November 28, 2023. While the breached information varies depending on the individual, it may include your name, Social Security number, and personal information.

On January 19, 2024, First Financial Security sent out data breach letters to anyone who was affected by the recent data security incident. These letters should provide victims with a list of what information belonging to them was compromised.

More Information About First Financial Security, Inc.

First Financial Security, Inc. is a national insurance brokerage based out of Johns Creek, Georgia. FFS trains and supports licensed insurance agents to sell life insurance products as well as other types of insurance policies. First Financial Security employs more than 75 people and generates approximately $23 million in annual revenue.

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