TN Security, Benefits Provider Hit in Cyberattack
INCIDENT
Memphis, Tennessee-based Coalesce, LLC dba Benefitelect (BEI), a full-service employee benefits administration platform and cybersecurity provider, suffered a cyberattack in March and is now informing victims of the attack.
“On April 2, 2025, BEI was alerted to suspicious activity on its systems,” the company said in a notice to victims. “After becoming aware of this activity, we quickly took steps to secure the system and launched an investigation with the assistance of a third-party specialist to determine the nature and scope of the activity.”
The investigation found certain files ended up accessed and/or exfiltrated without authorization between March 30 and March 31.
Type of Malware
No Malware identified
Threat Source
No threat source identified