By Stephane Konarkowski, security consultant at Outpost24
With reports of American insurance giant AJG suffering a data breach after a ransomware attack, the number of notable security incidents impacting insurance providers has increased since the turn of the year. The attack on AJG is another big insurance name to suffer a cyberattack and joins fellow US insurance provider, CNA Financial, which was forced to pay $40m to hackers to regain network control after a cyberattack. On the other side of the Atlantic, French multinational insurance provider, AXA, recently had a 3TB sensitive data leak after suffering a ransomware attack which severely impacted its operations in Southeast Asia. It’s clear the number of attacks against financial organisations, specifically insurance providers, are increasing and this is presenting significant dangers to them and their customers.
- Stephane Konarkowski, security consultant at Outpost24
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