Pan-American Life Insurance Group Announces Data Security Incident

NEW ORLEANS--(BUSINESS WIRE)--Pan-American Life Insurance Group (PALIG) a leading provider of life, accident and health insurance throughout the Americas, shared today that it was impacted by the widespread data security incident involving Progress Software’s MOVEit Transfer software where third parties took advantage of a previously unknown, critical, zero-day vulnerability in the software. Progress Software announced the vulnerability and recommended users disable the software until it could