State Farm — the largest property and casualty insurance provider in the US - has been compromised in a credential stuffing attack. TechnologyLiabilityExcess & Surplus Lines
The firm acknowledged the cyberattack, filing a data breach notification with the California Attorney General, and on Wednesday (August 07), it sent out “Notice of Data Breach” emails to users whose online account log-in credentials were obtained by a bad actor.
The insurers data breach notification email read: “State Farm recently detected an information security incident in which a bad actor used a list of user IDs and passwords obtained from some other source, like the dark web, to attempt to access to State Farm online accounts. During our investigation, we determined that the bad actor possessed the user ID and password for your State Farm online account.”
This type of cyberattack is called credential stuffing.