Personally, I regard the cyber incident as a one off event. Oceanview uses a third party administrative system from McCamish, which is owned by InfoSys. I believe that other InfoSys customers were also affected by the incident.[Thread merged into here --admin LadyGeek]
Oceanview is offering a high rate for a 6-year MYGA - 5.85%, especially high given their "A" rating. I wonder if this is related to their November cyber security incident and maybe an attempt to get customers back?
Is it safe to invest in a MYGA with them now, after that security incident? Appreciate any insights.
I also found that the Oceanview 6 year rate was very attractive earlier this year. I bought a MYGA from Oceanview in January 2024.
You should make your own purchasing decisions.
Statistics: Posted by Stinky — Sun Apr 28, 2024 8:17 pm — Replies 2275 — Views 303750
