alphv attacks Northeast Coverages

Incident Date:

February 13, 2022

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Overview

Title

alphv attacks Northeast Coverages

Victim

Northeast Coverages

Attacker

Alphv

Location

New York, USA

New York, USA

First Reported

February 13, 2022

Northeast Coverages: A Nationwide Insurance Agency Targeted by Ransomware Group Alphv

Company Overview

Northeast Coverages Inc., a nationwide agency, is committed to fostering strong business relationships with producers, companies, and service providers. Offering a wide array of products and services across various coverage platforms, their goal is to consistently deliver superior service and expertise.

Vulnerabilities and Targeting

The exact vulnerabilities exploited in the ransomware attack on Northeast Coverages remain undisclosed. Ransomware groups typically leverage software flaws, outdated systems, or human errors, such as phishing scams, to orchestrate their attacks. Within the insurance industry, such attacks pose significant risks, including the potential exposure of sensitive data, operational disruptions, and the compromise of customer information.

Impact and Response

The full extent of the ransomware attack's impact on Northeast Coverages has yet to be determined, as the company has not issued an official statement regarding the incident. It is crucial for Northeast Coverages to promptly address the breach, engage with law enforcement and regulatory bodies, and collaborate with cybersecurity specialists to mitigate the attack's effects and prevent future incidents.

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.