Hacking Prudential Financial: how hackers revealed the secrets of one of the largest financial companies

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Prudential Financial assesses the damage caused by the cyberattack.

Prudential Financial, one of the leading financial and insurance companies, was the victim of a cyberattack that exposed the data of its employees and contractors.

Information about the security breach was made public in Form 8-K filed with the US Securities and Exchange Commission (SEC), which states that the hack occurred on February 4, and on February 5, the company blocked hackers ' access to compromised systems. Prudential assumes that cybercriminals managed to gain access to administrative and user data from some IT systems, as well as to the accounts of a small percentage of employees and contractors.

The company has already reported the incident to law enforcement and notified all relevant regulators. An investigation is underway to assess the full scope and impact of the incident. At the moment, Prudential does not have any data that attackers have gained access to the information of clients or customers. Prudential Financial states that the incident did not have a material impact on the company's operations and will not affect its financial condition or results of operations.

Managing approximately $1.4 trillion in assets, Prudential Financial serves more than 50 million clients, providing insurance, retirement planning, and financial and investment management services in the United States, Asia, Europe, and Latin America. In 2023, the company reported revenues exceeding $50 billion and had 40,000 employees worldwide.
 
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