The Vermont Office of the Attorney General reported a data breach involving Sequoia Benefits & Insurance Services LLC on December 9, 2022. Unauthorized access to a cloud storage system occurred between September 22 and October 6, 2022, potentially exposing personal information, including names and social security numbers, of UNKN individuals. The company found no evidence of malicious intent or data misuse.

Sequoia Benefits & Insurance Services Settles $8.7M Over 2022 Data Breach Affecting 580,000 A U.S. federal judge has granted final approval for an $8.7 million settlement by Sequoia Benefits and Insurance Services to resolve allegations stemming from a 2022 data breach. The incident compromised the personal information of approximately 580,000 individuals. The breach, which occurred in 2022, exposed sensitive data, prompting legal action against the company. The settlement, now finalized, concludes the litigation process, with funds allocated to affected individuals and legal fees. Details of the breach’s origin and the specific data compromised have not been fully disclosed in the ruling. The case underscores the growing financial and reputational risks companies face following cybersecurity incidents, particularly in sectors handling large volumes of personal and financial data. Regulatory scrutiny and consumer litigation remain key drivers of enforcement actions in data privacy cases.