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Aflac Says Cybersecurity Incident Involved Personal Information of 22.65 Million People
PYMNTS.com· 2025-12-23 22:57
Core Insights - Aflac reported that a cybersecurity incident impacted personal information associated with 22.65 million individuals within its U.S. business [1][6] Group 1: Incident Details - The company identified suspicious activity on its U.S. network in June, initiated cyber incident response protocols, and stopped the intrusion within hours [4] - Aflac's systems were not affected by ransomware, and its business operations remained intact during the incident [4] - The review of potentially impacted files revealed that the information included names, contact information, claims information, health information, Social Security numbers, and other personal data [7] Group 2: Response Measures - Following the detection of the security incident, Aflac secured potentially impacted accounts, reset passwords, and monitored for suspicious activity [3] - The company provided customers with credit monitoring, identity theft protection, and medical fraud protection early in its response to the incident [8] - Aflac began notifying individuals affected by the incident as part of its response strategy [3][6] Group 3: Industry Context - Aflac indicated that the attack was part of a broader cybercrime campaign targeting the insurance industry, attributed to a sophisticated cybercrime group [5] - According to the FBI's Internet Crime Complaint Center (IC3), personal data breaches were among the top three types of cybercrime reported by victims in 2024 [8] - Data breaches were also identified as one of the top two most reported cyber threats among critical infrastructure organizations, as per IC3's "Internet Crime Report 2024" [9]
X @TechCrunch
TechCrunch· 2025-12-23 17:16
US insurance giant Aflac says hackers stole personal and health data of 22.6 million https://t.co/llCigqvbl7 ...
US insurance giant Aflac says hackers stole personal and health data of 22.6 million people
TechCrunch· 2025-12-23 17:14
In June, U.S. insurance giant Aflac disclosed a data breach where hackers stole customers’ personal information, including Social Security numbers and health information, without saying how many victims were affected. On Tuesday, the company confirmed it has begun notifying around 22.65 million people whose data was stolen during the cyberattack. In a filing with the Texas attorney general, Aflac said that the stolen data includes customer names, dates of birth, home addresses, government-issued ID numbers ...
US insurance giant Aflac says hackers stole personal data of 22.6 million
TechCrunch· 2025-12-23 17:14
In June, U.S. insurance giant Aflac disclosed a data breach where hackers stole customers’ personal information, including Social Security numbers and health information, without saying how many victims were affected. On Tuesday, the company confirmed it has begun notifying around 22.65 million whose data was stolen during the cyberattack. In a filing with the Texas attorney general, Aflac said that the stolen data includes customer names, dates of birth, home addresses; government-issued ID numbers (such ...
Mizuho Initiates Coverage on Aflac (AFL) with Cautious Outlook Citing Stagnant Sales Growth
Yahoo Finance· 2025-12-19 19:52
Aflac Incorporated (NYSE:AFL) is one of the most profitable value stocks to invest in right now. On December 16, Mizuho initiated coverage of Aflac with an Underperform rating and $104 price target. Mizuho maintains a cautious outlook on Aflac’s sales performance in its key Japanese and US markets. The firm believes that stagnant sales growth will effectively cap long-term earnings potential. Earlier on December 3, Ameriflex and Aflac announced a partnership to enhance the delivery of consumer-directed h ...
Aflac Expands Digital Reach via Ethos Tie-Up in Supplemental Health
ZACKS· 2025-12-19 17:41
Key Takeaways AFL rolls out cancer insurance on Ethos' digital platform, expanding access to supplemental health products.Aflac policies pay cash benefits for medical and non-medical costs and include preventive screening benefits.Aflac gains a new digital channel to reach customers seeking fast, low-friction insurance purchases.Aflac Incorporated (AFL) recently took a strategic step toward modernizing insurance distribution by partnering with Ethos to provide its supplemental health products through a full ...
Ethos and Aflac Partner to Bring Supplemental Health Product Suite to Independent Distribution
Globenewswire· 2025-12-18 13:01
AUSTIN, Texas, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Ethos, a leading life insurance technology company democratizing access to life insurance, today announced a partnership with Aflac Incorporated (NYSE: AFL), a leading provider of supplemental health insurance in the U.S., to expand access to Aflac’s supplemental insurance policies through Ethos’s digital distribution platform. The collaboration launches with Aflac’s cancer insurance, now available alongside Ethos’s life insurance offerings, expanding the ran ...
4 Accident & Health Insurers to Watch Amid Rising Medical Costs
ZACKS· 2025-12-02 18:40
Industry Overview - The Zacks Accident and Health Insurance industry is projected to benefit from increased underwriting exposure, driven by prudent underwriting standards among key players like Aflac, Unum Group, Globe Life, and Trupanion [1] - The industry is expected to grow from approximately $300 billion in 2024 to about $420 billion by 2033, reflecting a compound annual growth rate (CAGR) of 3.8% [3] Current Trends - Pricing pressure is anticipated to continue due to inflation, rising medical costs, and demographic changes, with healthcare spending expected to increase by 5.4% annually through 2028 [4] - Claims frequency is improving due to better safety measures and working conditions, which is expected to enhance the industry's performance [5] - The adoption of technology, including AI and data analytics, is accelerating, potentially reducing workers' compensation claim expenses by about 45% [6] Financial Performance - The Accident and Health Insurance industry has underperformed compared to the Finance sector and the S&P 500, with a year-to-date gain of 5.1% versus 14.2% and 18.2% respectively [9] - The industry is currently trading at a trailing 12-month price-to-book (P/B) ratio of 1.72X, significantly lower than the Zacks S&P 500 composite's 8.47X and the sector's 4.18X [11] Company Highlights - **Aflac**: Focuses on voluntary supplemental health and life insurance, with a projected long-term earnings growth rate of 4.6% and a trailing four-quarter earnings surprise of 9.38% [15][16] - **Unum Group**: Expected premium growth of 3-6% for 2025, with a long-term earnings growth rate of 6%, outperforming the industry average [19][21] - **Globe Life**: Positive revenue trends driven by premium growth in life and health insurance segments, with a projected 3.1% year-over-year increase in earnings for 2026 [23][25] - **Trupanion**: Positioned for growth in the pet insurance market, with a consensus estimate suggesting a 9.4% increase in earnings for 2026 and a trailing four-quarter earnings surprise of 235.42% [27][28]
Morgan Stanley Maintains Equal Weight Rating on Aflac (AFL)
Yahoo Finance· 2025-11-30 18:47
Core Insights - Aflac Incorporated (NYSE:AFL) is recognized as one of the 15 Best Boring Dividend Stocks to Buy, highlighting its stable investment appeal [1] - Morgan Stanley has raised its price target for Aflac from $113 to $118 while maintaining an Equal Weight rating, indicating a cautious but positive outlook on the stock [2] - Aflac announced a 5% increase in its quarterly dividend to $0.61 per share, marking the 43rd consecutive year of dividend increases, showcasing its strong underwriting discipline and financial health [3][4] Financial Performance - The company has reduced its share count by approximately 38% over the past decade through substantial capital allocation to buybacks [3] - Aflac's dividend payout ratio is under 33% of projected 2025 earnings, suggesting room for continued dividend growth [4] - Analysts project Aflac's earnings to grow at about 5% annually in the coming years, supporting its dividend strategy [4] Management Commentary - Aflac's CEO, Daniel P. Amos, emphasized the importance of maintaining strong capital ratios while balancing financial strength with tactical capital deployment [4]
Wrap up more than a story: Aflac's "Beyond Words" is the perfect gift that gives back
Prnewswire· 2025-11-25 15:15
Core Points - Aflac has launched a children's book titled "Beyond Words," which aims to support children battling cancer and blood disorders by donating 100% of net proceeds to the Aflac Childhood Cancer Foundation [1][3][4] - The book, written by bestselling author Sheri Fink and featuring a foreword by astronaut Kellie Gerardi, tells the story of Buddy the bear cub who learns the importance of actions over words in comforting a friend [2][4] - Aflac has a long-standing commitment to supporting families affected by childhood cancer, having contributed nearly $200 million to research and care over the past 30 years [4] Product Details - "Beyond Words" is available in hardcover for $21.99 and softcover for $12.99, making it an affordable gift option [5] - Each book includes a QR code for free downloadable coloring sheets and an audiobook narrated by Gerardi, enhancing the reading experience [5][6] Social Impact - The initiative is part of Aflac's broader efforts to provide comfort and support to children with serious health conditions, including the distribution of the My Special Aflac Duck® to over 41,000 children since 2018 [4]