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Cybercriminals Shift Focus to U.S. Insurance Industry, Experts Warn

they may deploy harmful software like ransomware to lock up company data and demand payment.

 


Cybersecurity researchers are sounding the alarm over a fresh wave of cyberattacks now targeting insurance companies in the United States. This marks a concerning shift in focus by an active hacking group previously known for hitting retail firms in both the United Kingdom and the U.S.

The group, tracked by multiple cybersecurity teams, has been observed using sophisticated social engineering techniques to manipulate employees into giving up access. These tactics have been linked to earlier breaches at major companies and are now being detected in recent attacks on U.S.-based insurers.

According to threat analysts, the attackers tend to work one industry at a time, and all signs now suggest that insurance companies are their latest target. Industry experts stress that this sector must now be especially alert, particularly at points of contact like help desks and customer support centers, where attackers often try to deceive staff into resetting credentials or granting system access.

In just the past week, two U.S. insurance providers have reported cyber incidents. One of them identified unusual activity on its systems and disconnected parts of its network to contain the damage. Another confirmed experiencing disruptions traced back to suspicious network behavior, prompting swift action to protect data and systems. In both cases, full recovery efforts are still ongoing.

The hacking group behind these attacks is known for using clever psychological tricks rather than just technical methods. They often impersonate employees or use aggressive language to pressure staff into making security mistakes. After gaining entry, they may deploy harmful software like ransomware to lock up company data and demand payment.

Experts say that defending against such threats starts with stronger identity controls. This includes limiting access to critical systems, separating user accounts with different levels of privileges, and requiring strict verification before resetting passwords or registering new devices for multi-factor authentication (MFA).

Training staff to spot impersonation attempts is just as important. These attackers may use fake phone calls, messages, or emails that appear urgent or threatening to trick people into reacting without thinking. Awareness and skepticism are key defenses.

Authorities in other countries where similar attacks have taken place have also advised companies to double-check their security setups. Recommendations include enabling MFA wherever possible, keeping a close eye on login attempts—especially from unexpected locations—and reviewing how help desks confirm a caller’s identity before making account changes.

As cybercriminals continue to evolve their methods, experts emphasize that staying informed, alert, and proactive is essential. In industries like insurance, where sensitive personal and financial data is involved, even a single breach can lead to serious consequences for companies and their customers.

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