News and Updates on Information Technology

Arthur J. Gallagher (AJG) US-based global insurance brokerage reports data breach after ransomware attack

Exploit: Ransomware

Arthur J. Gallagher (AJG): Insurance Broker

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.673= Severe

Arthur J. Gallagher (AJG), a US-based global insurance brokerage and risk management firm, is mailing breach notification letters to customers impacted in a previously unannounced ransomware attack that hit its systems in late September 2020. The company said that an unknown party accessed data contained within their network between June 3, 2020, and September 26, 2020. The company has apparently just completed its investigation.

cybersecurity news represented by agauge showing severe risk

Individual Risk: 1.522= Severe

While the company did not specify the types of data exposed, their SEC filing did and PII starred heavily on the list. Data exposed may include a client’s Social Security number or tax identification number, driver’s license, passport or other government identification number, date of birth, username and password, employee identification number, financial account or credit card information, electronic signature, medical treatment, claim, diagnosis, medication or other medical information, health insurance information, medical record or account number and biometric information.

Customers Impacted: Unknown

How It Could Affect Your Customers’ Business: Proprietary data like this is cybercriminal gold. It’s both useful for committing future cybercrime and quickly saleable in the busy dark web data markets.

Source: Bleeping Computer