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Transcript

AXA Ransomware Attack

By: Nico Bencomo

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Description of the atrack

AXA S.A. was been hit by a massive ransomware attack, just days after announcing that it would no longer cover damage from that class of cyberattack in France. Cyber security experts believe the AXA ransomware attack was launched by the Avaddon ransomware group, who released a statement saying they had stolen 3 terabytes of data from AXA in the attack, including personal data and medical record data.

Financial Implications

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AXA lost many things during its Ransomware attack. The group claimed to have stolen 3 terabytes of data, including a long list of information: ID cards, passport copies, customer claims, reserved agreements, denied reimbursements, payments to customers, contract and reports, customer IDs and bank account scanned papers, hospital and doctor reserved material (private investigation for fraud) and customer medical reports including HIV, hepatitis, STD and other illness reports.

Punishment

The criminals were said to be "safe" because they hacked anonymously from Russia.

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Chart

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How can we prevent attacks?

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- Identify assets that are searchable via online tools and take steps to reduce that exposure

- Protecting Against Ransomware

- Good Security Habits

- Understanding Anti-Virus Software

- Understanding Patches and Software Updates

- Using Caution with Email Attachments

- Choosing and Protecting Passwords

Works Cited

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https://apnews.com/article/europe-france-technology-business-caabb132033ef2aaee9f58902f3e8fba

https://www.securitymagazine.com/articles/95245-insurance-giant-axa-victim-of-ransomware-attack

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