On January 20, 2021, General Insulation Company, Inc. experienced a data breach caused by an external hacking incident, as reported by the Maine Attorney General’s Office on May 28, 2021. The breach exposed sensitive financial data of 394 individuals, including 12 Maine residents. The compromised information included financial account numbers combined with security codes, significantly increasing the risk of identity theft and financial fraud. The company responded by offering 12 months of identity theft protection services to affected individuals. However, the exposure of financial credentials with security codes suggests a high potential for fraudulent transactions, unauthorized account access, and long-term financial harm to victims. The breach’s nature targeting financial and personally identifiable information (PII) indicates a deliberate cyber attack aimed at exploiting sensitive data for malicious purposes. The delayed disclosure (nearly four months after the incident) may have further exacerbated risks for impacted individuals.
TPRM report: https://www.rankiteo.com/company/general-insulation-company
"id": "gen031091825",
"linkid": "general-insulation-company",
"type": "Cyber Attack",
"date": "1/2021",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': '394 individuals (including 12 '
'Maine residents)',
'industry': 'Construction/Insulation',
'name': 'General Insulation Company, Inc.',
'type': 'Private Company'}],
'attack_vector': 'External System Hacking',
'customer_advisories': 'Identity theft protection services offered for 12 '
'months',
'data_breach': {'data_exfiltration': 'Yes',
'number_of_records_exposed': '394',
'personally_identifiable_information': 'Yes (financial + '
'security codes)',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Financial account numbers',
'Security codes']},
'date_detected': '2021-01-20',
'date_publicly_disclosed': '2021-05-28',
'description': "The Maine Attorney General's Office reported a data breach "
'involving General Insulation Company, Inc. on May 28, 2021. '
'The breach occurred on January 20, 2021, due to an external '
'system breach (hacking), affecting 394 individuals, including '
'12 Maine residents. Compromised information included '
'financial account numbers in combination with security codes. '
'Identity theft protection services were offered for 12 months '
'to affected individuals.',
'impact': {'brand_reputation_impact': 'Potential negative impact (identity '
'theft protection services offered)',
'data_compromised': ['Financial account numbers', 'Security codes'],
'identity_theft_risk': 'High (financial account numbers + security '
'codes exposed)',
'payment_information_risk': 'High'},
'post_incident_analysis': {'root_causes': 'External system breach (hacking)'},
'references': [{'date_accessed': '2021-05-28',
'source': "Maine Attorney General's Office"}],
'regulatory_compliance': {'regulatory_notifications': 'Maine Attorney '
"General's Office"},
'response': {'communication_strategy': 'Public disclosure via Maine Attorney '
"General's Office",
'recovery_measures': 'Identity theft protection services offered '
'for 12 months'},
'title': 'General Insulation Company, Inc. Data Breach (2021)',
'type': 'Data Breach'}