Press Release
After discontinuing support for ransom payments, insurer AXA was attacked by ransomware.
A ransomware cyber assault has targeted the Thai, Malaysian, Hong Kong, and Philippine branches of the world’s largest insurance company, AXA.
The Avaddon ransomware organisation claimed yesterday, as reported by BleepingComputer, that it had stolen 3 TB of private data from AXA’s Asian operations.
Additionally, AXA’s international websites were down yesterday for a while due to a Distributed Denial of Service (DDoS) attack, according to BleepingComputer.
The group claims that the compromised data collected by Avaddon includes copies of ID cards, bank account statements, claim forms, payment records, contracts, claim forms for customers that reveal their sexual health diagnosis, and more.
The group’s statement follows AXA’s revelation that it would no longer cover ransomware extortion payments when underwriting cyber-insurance plans in France.
Asian AXA offices are targeted by a ransomware organisation.
The ransomware organisation Avaddon took responsibility for the attack on AXA’s offices in Asia yesterday.
The group also asserted that there was a DDoS attack ongoing against AXA’s websites hosted in Thailand, Malaysia, Hong Kong, and the Philippines:
The Avaddon ransomware gang initially made the threat to launch DDoS assaults to take down victims’ websites or networks until they get in touch and start negotiating to pay the ransom in February 2021.
When ransomware gangs started deploying DDoS assaults against their victims as an extra point of leverage in October 2020, BleepingComputer became the first publication to report on this new development.
About a week after AXA announced that payment for ransomware extortion settlements would no longer be included in their cyber-insurance policies sold in France, Avaddon announced the attack on AXA’s infrastructure.
Avaddon started dumping part of the stolen data on their leak site yesterday, as seen by BleepingComputer, even if the exact date of the incident remains unknown.
Avaddon also threatened to expose AXA’s priceless records if the insurance firm didn’t get in touch with them and work with them within 10 days.
The gang asserts to have obtained 3 TB of AXA data, which includes:
client medical records (including those containing sexual health diagnosis)
customer claims payments to consumers’ bank accounts scanned records content only available to hospitals and physicians (private fraud investigations, agreements, denied reimbursements, contracts)
Identity cards, passports, and other forms of identification
AXA: Access to data by a Thai partner only, “No Evidence”
AXA responded when approached by BleepingComputer as follows:
A recent targeted ransomware assault on Asia Assistance affected its IT operations in Thailand, Malaysia, Hong Kong, and the Philippines.
As a result, someone was able to access some data handled by Inter Partners Assistance (IPA) in Thailand.
“At this time, there is no proof that any additional data was accessed in Thailand beyond IPA.”
“The incident is being investigated by a dedicated taskforce that includes outside forensic experts. Partners in business and regulators have been informed.”
According to an AXA spokesman, “AXA takes data privacy very seriously and will take the appropriate procedures to notify and help all corporate clients and people impacted” if IPA’s investigations reveal that sensitive data of any persons have been affected.
The incident’s timing is interesting in light of this week’s FBI and Australian Cyber Security Centre (ACSC) alerts on ongoing Avaddon ransomware assaults aimed at enterprises from a wide range of industries in the US and around the world.
Attackers who use ransomware on enterprises continue to expand and interrupt many operations while demanding extortionate ransom payments.
The DarkSide cyberterrorist organisation recently requested $5 million to reactivate the Colonial Pipeline infrastructure.
Additionally, just this week, BleepingComputer reported that a $20 million ransomware demand was made on Ireland’s Health Services.
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Over two million individuals have been duped into installing new Android malware, phishing, and adware apps that have penetrated the Google Play store.
The programmes, which appear to be helpful utilities and system optimizers but are actually the causes of performance glitches, advertisements, and a degraded user experience, were found by Dr. Web antivirus.
One Dr. Web-illustrated app that has one million downloads is TubeBox, which is still accessible on Google Play as of this writing.
When trying to redeem the collected prizes, TubeBox consistently presents problems, despite promising users money for watching movies and advertisements on the app.
Even customers who successfully complete the final withdrawal stage never actually receive the money, according to the researchers, as the whole thing is just a ploy to keep users on the app as long as possible so they may view adverts and bring in money for the makers.
The following adware applications also showed up on Google Play in October 2022 but were later taken down:
One million downloads of the Bluetooth device auto connect (bt autoconnect group)
USB, Wi-Fi, and Bluetooth drivers (simple things for everyone) Over 100,000 downloads
Bt Autoconnect Group’s Volume, Music Equalizer: 50,000 downloads
(Hippo VPN LLC) Fast Cleaner & Cooling Master – 500 downloads
The aforementioned apps take instructions from Firebase Cloud Messaging and load the websites listed in them, which results in the fraudulent display of advertisements on the affected devices.
The remote operators might also set up an infected device to function as a proxy server in the instance of Fast Cleaner & Cooling Master, which had a low download volume. The threat actors could route their own traffic through the infected device using this proxy server.
Last but not least, Dr. Web came across a number of loan scam apps with an average of 10,000 downloads on Google Play that claimed to have a direct connection to Russian banks and investment companies.
Through malicious advertising on other apps, these apps were marketed as offering assured investment returns. Actually, the apps direct users to phishing websites where their personal data is gathered.
You should always look for bad reviews, carefully read the privacy statement, and visit the developer’s website to verify the legitimacy of an app before downloading it from Google Play.
Generally speaking, try to limit the number of installed apps on your smartphone and occasionally check to make sure Google Play Protect is turned on.
Press Release
BOSTON-BASED VALO HEALTH, WHICH ANALYZES CLINICAL DATA TO IDENTIFY MOLECULES AND PREDICT THEIR CHANCES FOR USE IN DRUGS, RAISES $300M SERIES B (DANIEL MCCOY/WICHITA BUSINESS JOURNAL)
Boston-based Valo Health, which analyzes clinical data to identify molecules and predict their chances for use in drugs, raises $300M Series B — A Boston-based company working to improve the way drugs are brought to the market has secured $110 million in Series B funding from Koch Disruptive Technologies.
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