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Insurance giant hit by ransomware

Insurer AXA, based in Thailand, Malaysia, Hong Kong, and the Philippines becomes ransomware victim

by SaskiaEpr
May 17, 2021
in Cyber Bites
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Over the weekend AXA, an insurance giant based in Thailand, Malaysia, Hong Kong and the Philippines, reported falling victim to a ransomware attack. The attack is claimed to have been perpetrated by the Avaddon ransomware group, which has said it stole 3 TB of sensitive data from AXA’s Asian operations.

The attack was not limited to ransomware, as a Distributed Denial of Service (DDoS) was also observed, taking AXA’s global websites down for part of Saturday.

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