Prudential Financial Details

Prudential Financial

Newark, New Jersey • 39583 employees • Financials

Industry

Financials

Security Incidents

Prudential Financial, Inc., based in Newark, New Jersey, is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, investment management, and other financial products and services. The company is well-known for its life insurance products but also offers a variety of other services including annuities, mutual funds, and retirement plan services, primarily serving both retail and institutional clients. Prudential has operations in the United States, Asia, Europe and Latin America, focusing heavily on expanding its market presence in high-growth regions.

Security Incidents

Prudential Financial Breach of Feb 2024

Severity Score

Significant

Type

Data Breach

Summary

In February 2024, Prudential Financial experienced a significant cyber security incident that compromised the personal information of over 2.5 million individuals. Unauthorized access to Prudential’s systems was first detected on February 4, leading to the exposure of sensitive data, including names, addresses, driver's license numbers, and non-driver identification card numbers. The breach was disclosed in regulatory filings with the US Securities and Exchange Commission and later updated in an incident notice to the Maine Attorney General’s Office. Prudential initiated its incident response ...
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Severity

The data breach at Prudential Financial on February 4, 2024, was highly significant, affecting over 2.5 million individuals and involving the compromise of sensitive personal data such as names, addresses, and identification numbers. The incident was serious enough to require external cybersecurity experts, and the Alphv/BlackCat ransomware group claimed responsibility. The gravity of the situation was further underscored by a class action lawsuit and the substantial impact on Prudential's operations and reputation. The severity of this incident can be rated as "Significant to High," scoring a...
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Impact

The incident involving Prudential Insurance Company was a data breach and ransomware attack, impacting over 2.5 million individuals. Critical data exposed included names, addresses, driver’s license numbers, and non-driver identification card numbers. No systems or services were reported to have been taken offline, but the breach prompted the company to provide two years of free credit monitoring services to those affected. Although not explicitly stated, the Alphv/BlackCat ransomware group claimed responsibility for the incident, raising concerns about the security of Prudential’s internal da...
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