News and Updates on Information Technology

United States – Vertafore Inc.

Exploit: Unsecured Database
Vertafore Inc.: Insurance Company 

Risk to Small Business: 1.702= Severe

Information about 27.7 million Texas drivers has been exposed online and stolen from an unsecured database belonging to insurance company Vertafore Inc. after someone put three major company files on an unsecured storage server.

Individual Risk: 2.662 = Moderate

The company says that no identification misuse has been determined, but they’re also offering free credit monitoring and identity restoration services to all Texas driver’s license holders potentially affected by the data breach.

Customers Impacted: $27.7 million

How it Could Affect Your Customers’ Business:  Bad data handling is a symptom of poor cybersecurity hygiene, and it can easily lead to bigger problems like ransomware and password compromise.