Do Ransomware Attackers Single Out Cyber Insurance Holders?

MATHEW J. SCHWARTZ | September 3, 2019

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Many ransomware attacks are "spray and pray," with criminals unleashing crypto-locking malware installers, often via spam or phishing campaigns, to opportunistically infect as many organizations as possible, regardless of their size or industry, security experts say. Some ransomware-wielding criminals, however, choose to target specific organizations in pursuit of a payday. In March, for example, aluminum giant Norsk Hydro was hit by crypto-locking ransomware called LockerGoga, which researchers say is used in one-off attacks by attackers who purposefully hack into the targeted organization, often via poorly secured remote desktop protocol settings.

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Independence Blue Cross

Independence Blue Cross is the leading health insurance organization in southeastern Pennsylvania. With our affiliates, we serve nearly 8.5 million people in 25 states and Washington, D.C., including more than 2.5 million in the region. For nearly 80 years, we have been enhancing the health and well-being of the people and communities we serve by delivering innovative and competitively priced health care products and services; pioneering new ways to reward doctors, hospitals, and other health care professionals for coordinated, quality care; and supporting programs and events that promote well-being.

OTHER ARTICLES

What You Need to Know About Coronavirus and Medicare Coverage

Article | March 20, 2020

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INSURTECH AND RISK MANAGEMENT: RESHAPING RISK SCORING AND UNDERWRITING

Article | February 21, 2020

The vibrant combination of insurance services and technical innovation takes a swing at the insurance sector. Let’s look at the current state of the market and how it pushes insurers toward rethinking risk scoring and underwriting procedures. In a global sense, the insurance industry is safe and sound. The sector is growing steadily, showing overall profitability.

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Advancement of Technology in the Insurance Industry

Article | February 12, 2021

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Article | March 10, 2020

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Spotlight

Independence Blue Cross

Independence Blue Cross is the leading health insurance organization in southeastern Pennsylvania. With our affiliates, we serve nearly 8.5 million people in 25 states and Washington, D.C., including more than 2.5 million in the region. For nearly 80 years, we have been enhancing the health and well-being of the people and communities we serve by delivering innovative and competitively priced health care products and services; pioneering new ways to reward doctors, hospitals, and other health care professionals for coordinated, quality care; and supporting programs and events that promote well-being.

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