News and Updates on Information Technology

United States – CNA Financial

Exploit: Ransomware
CNA Financial: Insurer

Risk to Small Business: 1.627 = Severe

Major insurer CNA Financial has disclosed that it was the victim of a purported ransomware attack this week, causing significant network disruption. The company’s email systems have been offline and the underwriting and claims units have been stymied, likely due to systems becoming unavailable. CNA said that they were disconnecting systems for safety and working to restore operations.

Individual Risk: No sensitive personal or financial information was announced as impacted in this incident, but the investigation is ongoing.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Ransomware is the cause of many expensive disasters and they don’t all involve data. Cybercriminals can also hold your business operations hostage.