(Reuters) – The New York Lawyer Common’s workplace fined automotive insurance coverage firm Geico $9.75 million on Monday for hacks that obtained private data on 116,000 drivers within the state.
The lawyer basic and state Division of Monetary Providers mentioned Geico and Vacationers (NYSE:) Indemnity Firm violated state information safety guidelines by failing to implement insurance policies that might defend clients’ data.
Each firms had been hacked throughout the COVID-19 pandemic, amid a wave of cyberattacks in search of data similar to drivers license numbers to be used in fraudulent unemployment claims, the businesses mentioned.
Vacationers pays $1.55 million for a breach that uncovered data on round 4,000 individuals, the businesses mentioned.
The 2 firms agreed to take measures to enhance their cybersecurity practices.
