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VALIC Retirement Services Company Announces PBI Data Breach Following MOVEit Vulnerability

On July 27, 2023, VALIC Retirement Services Company (“VRSCO,” “VALIC”) filed a notice of data breach with the Attorney General of Maine after discovering that one of the company’s vendors experienced a MOVEit data breach resulting in confidential VRSCO client information being leaked. While VRSCO filed notice of the breach with the Maine AG, the attached data breach letter was from VRSCO’s vendor, Pension Benefit Information, LLC (“PBI”)….
By: Console and Associates, P.C.
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