American Family Insurance confirms cyberattack is behind IT outages

Insurance giant American Family Insurance has confirmed it suffered a cyberattack and shut down portions of its IT systems after customers reported website outages all week. American Family Insurance is an insurance company focusing on commercial and personal property, casualty, auto, and life insurance, as well as offering investment and retirement planning The company employs 13,000 people and has a 2022 revenue of $14.4 billion. In an email to BleepingComputer, American Family Insurance confirmed that they detected unusual activity on their network and shut off IT systems to prevent the spread of the cyberattack. "This week, the technology teams at American Family Insurance detected unusual activity in a portion of our network. We quickly took precautionary measures to protect data and resources and shut down several business systems," an AmFam spokesperson told BleepingComputer. "We recognize the system outages are impacting customers, agents and employees and we appreciate their patience and understanding." "Our investigation into the activity is ongoing and includes internal and third-party experts. To date, we have not detected any compromises to critical business, customer data processing or storage systems, and several components of our enterprise continue to operate without interruption." The company hopes to bring systems back online as it continues investigating the breach and determining it is safe. Since this past weekend, American Family Insurance has suffered IT outages impacting the company's phone service, building connectivity, and online services. BleepingComputer has also been told by multiple sources that internet connectivity was shut down by American Family Insurance after the attack, impacting other tenants of the same building. Customers have reported being unable to pay bills or file claims online, only to be met with messages stating that the online site is down and to contact them via phone instead. "We are currently experiencing a service outage. If you need to file a claim, please call 1-800-692-6326," reads a message on AmFam's site. "If you are unable to make a payment, you can do so when the system is back up and you will not be penalized. We appreciate your patience and understanding." It is unclear what type of attack American Family Insurance suffered, but it shares signs similar to ransomware attacks plaguing the enterprise. Many of these attacks occur over the weekend when fewer employees monitoring the network or using their computers and noticing suspicious activity. As part of the attacks, the threat actors commonly spread throughout the network, stealing data and encrypting devices. When the attack is completed, victims are left with ransom notes warning that the data will be leaked publicly if a ransom demand is not paid. Kwik Trip finally confirms cyberattack was behind ongoing outage. KwikTrip all but says IT outage was caused by a cyberattack. University of Michigan shuts down network after cyberattack. International Criminal Court systems breached for cyber espionage. AI algorithm detects MitM attacks on unmanned military vehicles.

This Cyber News was published on www.bleepingcomputer.com. Publication date: Thu, 30 Nov 2023 23:19:27 +0000


Cyber News related to American Family Insurance confirms cyberattack is behind IT outages

American Family Insurance confirms cyberattack is behind IT outages - Insurance giant American Family Insurance has confirmed it suffered a cyberattack and shut down portions of its IT systems after customers reported website outages all week. American Family Insurance is an insurance company focusing on commercial and ...
10 months ago Bleepingcomputer.com
Cyber Insights 2023: Cyberinsurance - The result is more than a dozen features on subjects ranging from AI, quantum encryption, and attack surface management to venture capital, regulations, and criminal gangs. In 2022, Russia invaded Ukraine with the potential for more serious and more ...
1 year ago Securityweek.com
Cyber Insurance: A Smart Investment to Protect Your Business from Cyber Threats in 2023 - Don't wait until it's too late - get cyber insurance today and secure your business for tomorrow. According to the U.S. Federal Trade Commission, cyber insurance is a particular type of insurance that helps businesses mitigate financial losses ...
7 months ago Cyberdefensemagazine.com
With Attacks on the Upswing, Cyber-Insurance Premiums Poised to Rise Too - An increase in cyber-insurance claims in 2023, driven by a more active threat landscape, will likely mean that last year's price plateau in cyber-insurance premium costs will be short-lived, according to industry experts. While premium costs fell by ...
8 months ago Darkreading.com
Cyber Insurance for Businesses: Navigating Coverage - To mitigate these risks, many businesses opt for cyber insurance. With the wide range of policies available, navigating the world of cyber insurance can be overwhelming. In this article, we will delve into the complexities of cyber insurance and ...
8 months ago Securityzap.com
Making Cyber Insurance Available for Small Biz, Contractors - The soaring costs of recovering from a security incident or data breach is driving interest in cyber insurance. While cyber insurance is typically viewed as a product mainly for large organizations seeking coverage and protection against ...
9 months ago Darkreading.com
Fighting ransomware: A guide to getting the right cybersecurity insurance - While the cybersecurity risk insurance market has been around for more than 20 years, the rapidly changing nature of attacks and the rise in the ransomware epidemic has markedly changed the nature of cyber insurance in recent years. It's more ...
8 months ago Scmagazine.com
5 Ways to Counteract Increasing Cyber Insurance Rates - Despite this threat, only 55% of organizations have some form of cyber insurance, and only 19% have coverage for cyber events beyond $600,000. As the cybersecurity landscape continues to evolve, businesses must carefully evaluate their risk exposure ...
7 months ago Cybersecurity-insiders.com
War or Cost of Doing Business? Cyber Insurers Hashing Out Exclusions - Drugmaker Merck's long legal battle with its insurance companies over the damages caused to its business by the NotPetya wiper worm ended last week when the company settled with a bevy of insurance companies that had refused to pay $699 million of ...
8 months ago Darkreading.com
Regional Family Medicine Confirms Data Breach Resulting from Recent IT Outage - On December 12, 2023, Regional Family Medicine filed a notice of data breach with the Attorney General of Maine after discovering that what initially appeared to be an IT outage was really a cyberattack. In this notice, Regional Family explains that ...
9 months ago Jdsupra.com
Title insurance giant First American offline after cyberattack - First American Financial Corporation, the second-largest title insurance company in the United States, took some of its systems offline today to contain the impact of a cyberattack. Its official website was taken offline before this article was ...
9 months ago Bleepingcomputer.com
Mortgage giant Mr. Cooper hit by cyberattack impacting IT systems - U.S. mortgage lending giant Mr. Cooper was breached in a cyberattack that caused the company to shut down IT systems, including access to their online payment portal. Mr. Cooper is a mortgage lending company based out of Dallas, Texas, that employs ...
10 months ago Bleepingcomputer.com
Cyberattack on health services provider impacts 5 Canadian hospitals - A cyberattack on shared service provider TransForm has impacted operations in five hospitals in Ontario, Canada, impacting patient care and causing appointments to be rescheduled. TransForm is a not-for-profit, shared service organization founded by ...
10 months ago Bleepingcomputer.com
Takeaways from Cisco at InsureTech Connect 2023 - InsureTech Connect 2023, the premier conference for the insurance technology industry, brought together 9,000+ innovators, leaders, and solution providers to Las Vegas in early November to explore the latest trends, technologies, and disruptions in ...
10 months ago Feedpress.me
Nissan is investigating cyberattack and potential data breach - Japanese car maker Nissan is investigating a cyberattack that targeted its systems in Australia and New Zealand, which may have let hackers access personal information. Details of the attack have not been published but the company informed customers ...
10 months ago Bleepingcomputer.com
Disadvantages of Cyber Insurance - Cyber insurance provides financial protection for businesses in the event of a cyber attack. Despite its benefits, there are several drawbacks to consider before committing to a policy. Evolving Cyber Threats: The landscape of cyber threats is ...
4 months ago Cybersecurity-insiders.com
Cloudflare Dashboard and APIs down after data center power outage - An ongoing Cloudflare outage has taken down many of its products, including the company's dashboard and related application programming interfaces customers use to manage and read service configurations. The complete list of services whose ...
10 months ago Bleepingcomputer.com
First American says funds secure despite cyberattack - Title insurance company First American said all funds held at First American Trust and third-party partner banks remain secure despite a cyberattack affecting the company's operations since last week. The real estate industry giant provided several ...
9 months ago Therecord.media
Understanding Each Link of the Cyberattack Impact Chain - It's often difficult to fully appreciate the impact of a successful cyberattack. Other consequences aren't so obvious - from a loss of customer trust and potential business to stolen data that may surface as part of another cyberattack years later. ...
10 months ago Securityboulevard.com
Essential Tips for Claiming Cyber Insurance Coverage - In an era dominated by digital transactions and interconnected networks, the importance of cyber insurance cannot be overstated. Cybersecurity threats loom large, making it crucial for businesses to not only invest in robust preventive measures but ...
9 months ago Cybersecurity-insiders.com
First American becomes latest real estate industry giant hit with cyberattack - Title insurance company First American confirmed Thursday that it is dealing with a cyberattack. First American provides title insurance and settlement services for real estate companies and mortgage providers. It reported revenues of $7.6 billion in ...
9 months ago Therecord.media
Mortgage firm LoanCare warns 1.3 million people of data breach - Mortgage servicing company LoanCare is warning 1,316,938 borrowers across the U.S. that their sensitive information was exposed in a data breach at its parent company, Fidelity National Financial. LoanCare is a sub-servicing and interim sub-servicing ...
9 months ago Bleepingcomputer.com
Does Pentesting Actually Save You Money On Cyber Insurance Premiums? - Way back in the cyber dark ages of the early 1990s as many households were buying their first candy-colored Macintoshes and using them to play Oregon Trail and visit AOL chat rooms, many businesses started venturing into the digital realm as well by ...
9 months ago Securityboulevard.com
Why CISOs Need to Make Cyber Insurers Their Partners - Organizations may perceive the lengthy and involved process, paired with rising premiums, as insurance companies taking advantage of them. Insurance companies are struggling to balance soaring loss ratios that were particularly rampant a couple years ...
9 months ago Darkreading.com
Ohio Lottery hit by cyberattack claimed by DragonForce ransomware - The Ohio Lottery was forced to shut down some key systems after a cyberattack affected an undisclosed number of internal applications on Christmas Eve. While the incident is now under investigation, and the lottery is working to restore all impacted ...
9 months ago Bleepingcomputer.com

Latest Cyber News


Cyber Trends (last 7 days)


Trending Cyber News (last 7 days)