Friday, 24 March, 2023

AXA subsidiary in Asia hit by ransomware attacks

<p>A ransomware attack hit the IT operations of AXA partners in Thailand, Hong Kong, Malaysia, and the Philippines. The Axa insurance group subsidiary, in a statement, said, &ldquo;certain data processed by IPA in Thailand has been accessed.&rdquo; An investigation is in the process but the damage dealt by the attack is not yet clear. Axa, recently, said that it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware.</p>