cyber
confidence high
sentiment negative
materiality 0.65
RGA discloses cybersecurity incident; no client policyholder data accessed
REINSURANCE GROUP OF AMERICA INC
- Unauthorized third party gained access to certain technology systems on Oct 15, 2023; detected Oct 16, 2023.
- No evidence of client policyholder data access or extraction; no encryption or ransomware found.
- Most online systems restored; investigation ongoing with cybersecurity experts and law enforcement notified.
- Company believes incident will not have a material adverse effect on business, operations, or financial results.
- Incremental expenses incurred for response and remediation; cybersecurity insurance maintained.