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Cyber Security

Insurer AXA hit by ransomware after dropping support for ransom payments

Avaddon ransomware group claims responsibility for attacking Asia-based branches of insurance giant AXA. Group claims to have obtained 3 TB of data belonging to AXA including medical reports, ID cards, bank account statements, claim forms, payment records, contracts, and more. Group also threatened AXA that the insurance company had about ten days to communicate and cooperate with them, after which they would leak AXA’s valuable documents. Avaddon’s announcement comes roughly a week after AXA had stated that their cyber-insurance policies written in France would no longer include reimbursement for extortion payments.

Source: https://www.bleepingcomputer.com/news/security/insurer-axa-hit-by-ransomware-after-dropping-support-for-ransom-payments/

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