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The Beacon Mutual Insurance Company

The Beacon Mutual Insurance Company Vendor Cyber Rating & Cyber Score

beaconmutual.com

For over 30 years, Beacon Mutual has proudly served as the leading provider of workers’ compensation insurance in Rhode Island. Our commitment to protecting the state’s most valuable asset, our workers, remains unwavering. Now, expanding our reach, we also cover businesses based in Massachusetts and Connecticut. At Beacon Mutual, no one works harder to prevent workplace accidents and facilitate the swift return of injured employees to work with compassion and care. Our dedicated team includes the largest assembly of local ergonomic and safety professionals focused on creating safer workplaces. Additionally, we boast an exceptional team of claim representatives, nurses, and case managers to assist Southern New England employers and their


BMIC A.I CyberSecurity Scoring

BMIC
Company Information
Website:https://www.beaconmutual.com
Employees number:160
Number of followers:1,768
NAICS:524
Industry Type:Insurance
Homepage:beaconmutual.com
BMIC Risk Score (AI oriented)
Between 0 and 549
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BMICInsurance
Updated:
20/05/2026
438/1000
Critical
C
AaaAaABaaBaBCaaCaC
Powered by our proprietary A.I cyber incident model
Insurance prefers TPRM score to calculate premium
BMIC Global Score (TPRM)
xxxx
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BMICInsurance
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Findings

BMIC
BMICCritical
Current Score
438C (CRITICAL)
01000
3 incidents
-94 avg impact
Incident timeline with MITRE ATT&CK tactics, techniques, and mitigations.
JULY 2026
449Before Incident
JUNE 2026
444Before Incident
MAY 2026
435Before Incident
APRIL 2026
433Before Incident
MARCH 2026
427Before Incident
FEBRUARY 2026
536Before Incident
Ransomware
05 Feb 2026BMIC
Beacon Mutual Insurance Company: Beacon Mutual hit by ransomware attack • Rhode Island Current

Beacon Mutual Insurance Hit by Ransomware Attack

416After Incident
CRITICAL-120
BEA1770359867
Beacon Mutual Insurance Hit by Ransomware Attack, Hacker Group INC Claims Responsibility Beacon Mutual Insurance Company, Rhode Island’s leading provider of workers’ compensation insurance and the state’s designated "insurer of last resort," confirmed a ransomware attack on January 14. The Warwick-based company disclosed the incident on January 25 after its appearance on public ransomware tracking sites prompted inquiries. According to Michelle N. Pelletier, Beacon’s assistant vice president of marketing and communications, the attack did not encrypt the company’s production environment, allowing normal operations to resume by January 20. However, select systems were proactively disconnected to contain the threat, and a forensic investigation conducted with external experts is ongoing to assess potential data exposure. Affected individuals will be notified if their personal information was compromised. The hacker group INC Ransom claimed responsibility for the breach, posting on its dark web leak site that it exfiltrated 275 GB of sensitive data, including internal documents, financial reports, employee and claimant personal information (such as Social Security numbers), client databases, and system backups. Cybersecurity researcher Connor Goodwolf confirmed the ransom page remains active, though it lacks a countdown timer for public data release. INC Ransom, which operates as a ransomware-as-a-service (RaaS) group, has targeted high-profile victims in 2025, including the Pennsylvania Attorney General’s office and Stark Aerospace, a U.S. Department of Defense contractor. The group employs double extortion, encrypting files while also stealing data to pressure victims into paying ransoms. A November 2025 report from cybersecurity firm Blackpoint Cyber noted INC’s rapid growth, with 300 claimed victims in 2025 nearly double its 2024 total attributed to its adaptive tactics, including partial encryption and multithreading for faster attacks. Beacon Mutual, a mutual insurance company owned by its policyholders, plays a critical role in Rhode Island’s workers’ compensation system. Established in 1990 as the State Compensation Insurance Fund to stabilize the market after private insurers withdrew, it rebranded as Beacon in 1992 and later expanded into Massachusetts and Connecticut. The state spent over $23 million on Beacon’s services in fiscal year 2025, per Rhode Island’s transparency portal. While law enforcement has been notified, details of the attack remain limited as the investigation continues. A Washington, D.C.-based law firm, Mason LLP, has begun exploring a class action lawsuit on behalf of potential breach victims.
INCIDENT DETAILS -
TYPE
Ransomware
MOTIVATION
Financial gain (double extortion)
IMPACT
Data Compromised: 275 GB of sensitive dataSystems Affected: Select systems (proactively disconnected)Operational Impact: Normal operations resumed by January 20Legal Liabilities: Potential class action lawsuitIdentity Theft Risk: High (Social Security numbers exposed)
DATA BREACH
Internal documentsFinancial reportsEmployee personal informationClaimant personal informationClient databasesSystem backupsSensitivity Of Data: High (Social Security numbers, personal information)
JANUARY 2026
601Before Incident
Breach
07 Jan 2026BMIC
Beacon Mutual Insurance Company: The Beacon Mutual Insurance Company Data Breach: Edelson Lechtzin LLP Launches Investigation Into Exposure of Personal Information

Beacon Mutual Insurance Company Data Breach

533After Incident
CRITICAL-68
BEA1779308766
Beacon Mutual Insurance Company Hit by Data Breach, Exposing Sensitive Personal Information On January 14, 2026, Beacon Mutual Insurance Company a Rhode Island-based workers' compensation insurer detected unauthorized activity on its computer network. An investigation revealed that an unknown actor accessed and exfiltrated certain files between January 7 and 14, 2026. The breach exposed sensitive personal data, including names and Social Security numbers, putting affected individuals at heightened risk of identity theft and fraud. Those who received a data breach notification from Beacon Mutual may have been impacted. National class action law firm Edelson Lechtzin LLP has launched an investigation into the incident, evaluating potential legal claims on behalf of affected individuals. The firm is offering free case evaluations to determine eligibility for pursuing remedies related to the breach. Beacon Mutual Insurance Company, headquartered in Warwick, Rhode Island, specializes in workers' compensation and workplace safety coverage. The incident underscores ongoing cybersecurity risks in the insurance sector, particularly for organizations handling sensitive personal data.
INCIDENT DETAILS -
TYPE
Data Breach
IMPACT
Data Compromised: Sensitive personal information, including names and Social Security numbersSystems Affected: Computer networkBrand Reputation Impact: Heightened risk of identity theft and fraudLegal Liabilities: Potential class action lawsuitsIdentity Theft Risk: High
DATA BREACH
Type Of Data Compromised: Personal Identifiable Information (PII)Sensitivity Of Data: High (Social Security numbers, names)Data Exfiltration: YesPersonally Identifiable Information: Names, Social Security numbers
DECEMBER 2025
752Before Incident
NOVEMBER 2025
752Before Incident
OCTOBER 2025
752Before Incident
SEPTEMBER 2025
752Before Incident
AUGUST 2025
752Before Incident
OCTOBER 2024
752Before Incident
Breach
21 Oct 2024BMIC
Conduent Business Solutions

UK Probes Whether Chinese-Made Electric Buses Can Be Remotely DisabledNorth Korean Hackers Remotely Wipe Android Devices in South KoreaConduent Updates Cost of January 2025 Cyberattack to $50 MillionHyundai Discloses Data Breach Affecting 2.7 Million IndividualsMicrosoft November Patch Tuesday Addresses 63 Vulnerabilities, Including Zero-DayOWASP Updates Top 10 Web Application Vulnerabilities with Two New Categories

551After Incident
CRITICAL-201
CON3703037111425
Back-office services provider Conduent disclosed a cyberattack in January 2025 that exposed data of 10.5 million individuals, primarily from healthcare insurance clients like Blue Cross Blue Shield of Montana (462,000 members affected). The breach, active from October 21, 2024, to January 13, 2025, involved unauthorized access to a 'limited portion' of its IT environment, with attackers exfiltrating files tied to multiple clients. Financial fallout includes $50 million spent ($25M on incident response, $25M on breach notifications), alongside 12 class-action lawsuits, regulatory investigations (e.g., Montana), and warnings of potential litigation, reputational harm, and regulatory penalties. The company admitted the attack could adversely impact its financial condition, with ongoing risks from data theft, legal actions, and operational disruptions. No ransomware was confirmed, but the scale of exposed personal and health data suggests severe long-term consequences for affected individuals and partner organizations.
INCIDENT DETAILS -
TYPE
Supply Chain Risk / Remote Access VulnerabilityCyber Espionage / Remote Wipe AttackData Breach / Unauthorized AccessData Breach / Unauthorized AccessVulnerability Disclosure / Patch ManagementVulnerability Framework Update
MOTIVATION
Potential state-sponsored sabotage (unconfirmed)Espionage (targeting defectors and South Korean entities)Financial gain (data theft) / UnknownUnknown (potentially data theft)N/AN/A
IMPACT
$50 million (incident response + notifications)Personal data (remote wipe) + KakaoTalk account hijackingFiles associated with healthcare clients (10.5M individuals)PII (names, SSNs, driver’s license numbers) of 2.7M individuals2,500+ Yutong electric buses (UK)Android devices (South Korea, including smartphones/tablets)Conduent IT environment (limited portion)Hyundai AutoEver America systemsWindows, Office, Azure, Visual Studio, etc.Oct 21, 2024 – Jan 13, 2025 (access period)Feb 22 – Mar 2, 2025 (access period)Potential remote disablement of busesDisrupted communications (KakaoTalk) + data lossOperational disruption (Jan 13, 2025)Potential (litigation, reputational harm)Class action lawsuits (12+ proposed)Potential distrust in Chinese-manufactured vehiclesErosion of trust in Google/KakaoTalk securityReputational harm (healthcare sector)Reputational risk (automotive sector)Regulatory investigations (e.g., Montana) + lawsuitsHigh (10.5M individuals)High (2.7M individuals)
DATA BREACH
Personal data (remote wipe) + account credentialsClient files (healthcare data)PII (names, SSNs, driver’s license numbers)10.5 million2.7 millionHigh (personal + communication data)High (healthcare PII)High (PII)Yes (files exfiltrated)UnconfirmedYes (via Google accounts)Yes (healthcare PII)Yes (SSNs, driver’s licenses)

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The Beacon Mutual Insurance Company Cyber Scoring History | Rankiteo