News and Updates on Information Technology

United States – Arthur J. Gallagher & Co.

Exploit: Ransomware
Arthur J. Gallagher & Co.: Insurance Brokerage 

Risk to Small Business: 2.119 = Severe

Ransomware struck at insurance giant Arthur J. Gallagher last week, according to the company’s Untied States Securities and Exchange Commission filing. The report went on to note that a limited portion of its internal systems were impacted and its operations were able to continue. Security researchers suspect that bad actors were able to exploit a known security flaw in the company’s servers to gain entry.

Individual Risk: So far, no personal data from clients or employees was noted as exposed in the breach, but the investigation is ongoing.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Nowadays, ransomware operators aren’t just seeking ways to steal data – they also want to disrupt operations to cause damage.