Cybersecurity researchers warn that hackers linked to Scattered Spider have shifted their focus from retail stores in the U.K. and U.S. to target insurance companies, exploiting their large help desks through social engineering. Major insurance firms like Erie and Philadelphia faced cyber incidents, highlighting the threat posed by this group’s tactics to the insurance sector. #ScatteredSpider #InsuranceCyberattack
Keypoints
- Hackers associated with Scattered Spider have recently targeted insurance companies in the U.S. and U.K. sectors.
- Insurance firms are vulnerable to social engineering attacks due to their large help desk and outsourced IT services.
- Recent attacks caused network outages at Erie Insurance and Philadelphia Insurance Companies, with no evidence of ransomware reported.
- The threat group has previously targeted retail giants and is known for data theft and deploying ransomware.
- FBI and cybersecurity experts advise heightened alertness among insurance firms due to the evolving tactics of Scattered Spider and UNC3944.
Read More: https://therecord.media/scattered-spider-targeting-insurance-sector-following-retail-attacks