alphv attacks CED Group
Incident Date:
January 1, 2022
Overview
Title
alphv attacks CED Group
Victim
CED Group
Attacker
Alphv
Location
First Reported
January 1, 2022
CED Group Suffers Ransomware Attack by Alphv Group
Company Overview
CED Group is a trusted partner in the field of insurance services, providing knowledge, capacity, and technology for claims handling. They understand the importance of swift, efficient solutions in the realm of insurance and leverage cutting-edge technology to transform claims handling into a seamless, hassle-free experience for their customers.
Size and Industry Standout
CED Group is a significant player in the insurance sector, with an extensive presence across borders and a diverse client base consisting of banks, insurers, distributors, and bodies. Their commitment to understanding the needs of individuals and businesses sets them apart in their industry.
Vulnerabilities
The specific vulnerabilities that led to the successful attack by Alphv are not detailed in the search results. However, it is mentioned that the attack on CED Group was part of a larger campaign by the Alphv group, which has targeted numerous organizations worldwide, causing personal data breaches.
Alphv Group
Alphv, also known as BlackCat, is a ransomware group that has been active in cyberattacks. The group has been linked to attacks on various organizations, including AQIPA.com, where they obtained hundreds of gigabytes of data, including trade secret information.
Mitigation Strategies
While the article does not include general information about mitigating ransomware attack risks, it is essential for companies to implement robust cybersecurity measures, such as regular software updates, employee training, and backup systems, to protect against such attacks.
Sources
Recent Ransomware Attacks
The Recent Ransomware Attacks (RRA) site acts as a watchtower, providing you with near real-time ransomware tracking of attacks, groups and their victims. Given threat actors’ overarching, lucrative success so far, ransomware attacks have become the most ubiquitous, and financially and informationally impactful cyber threat to businesses and organizations today.
The site’s data is generated based on hosting choices of real-world threat actors, and a handful of other trackers. While sanitization efforts have been taken, we cannot guarantee 100% accuracy of the data. Attack updates will be made as source data is reported by reputable sources. By viewing, accessing, or using RRA you acknowledge you are doing so at your own risk.