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Ardonagh cyber breach – new report sheds light on reach

Ardonagh cyber breach – new report sheds light on reach | Insurance Business

Ardonagh cyber breach – new report sheds light on reach

Details surrounding the recent cyber breach that hit The Ardonagh Group have been scant, but now a new report has shed some light.

Last week – on the same day it was announced that Ardonagh would have to let go of Bennetts Motorcycling Services Limited due to market competition issues – the insurance broking group issued an operational update stating: “We are investigating a cyber incident which has caused disruption across a limited part of the Ardonagh Group estate.

“The incident was identified as a result of the routine comprehensive monitoring we have in place. We immediately took all necessary action including taking impacted systems offline and have implemented our business continuity plans in the impacted business units, to minimise disruption to our customers.”

Read more: Gallagher hit by ransomware attack, servers disabled

At the time, no further information was provided by Ardonagh, which was carrying out remedial action and working with third-party forensic and IT experts.

Now, citing “informed sources,” The Register reported that 200 internal accounts with administrator privileges had to be suspended due to the breach. The publication went on to call the incident as a ransomware infection.

As of this writing, Ardonagh has not issued a new statement on its probe.