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Sony Life Insurance has suffered a cyberattack that exposed personal information from around 385,000 customers. The unauthorized access was discovered on October 27, and Sony Life blocked external access to the affected systems from the morning of October 28. The leaked information reportedly includes: -Names -Dates of birth -Gender -Addresses -Phone numbers -Insurance policy numbers -Contract details Sony Life says the leaked data does not include My Number information, credit card details, or bank account information used for insurance payments.

Love this new life insurance partnership for $SOFI. Give your member another valuable tool from a trusted and complementary vendor. Do so in an asset light way that doesn’t require SoFi to use the balance sheet for funding. Keep members in the ecosystem for a larger part of their financial lives. Higher retention… more cross-selling… higher lifetime value… unlocking better SoFi+ perks… all while maintaining lending flexibility… spinning the flywheel. Great move.

Japan’s Fukoku Mutual Life Insurance is maintaining an elevated cash position as a buffer against volatile global markets and concerns about rising government spending in the country

$SOFI and $PRU just partnered to offer life insurance to over 15M SoFi members directly through the app with coverage available in minutes. That gives SoFi another way to earn more from its existing members without taking on insurance risk or tying up additional capital.