Ransomware group threatens to leak customer data from top insurance companies in South Africa
The Gentlemen ransomware group threatens to leak South African insurer data after breaching MIP Holdings.
Ransomware-as-a-service group The Gentlemen threatened to leak customer data belonging to South African insurers LegalWise and Samwumed, with more local companies expected to be named. Check Point Software said the group accounted for 17 percent of global ransomware attacks in July. The actors breached insurtech firm MIP Holdings in June, a software provider to large insurers including Hollard Insurance, stole data from multiple client companies, and are now extorting those third parties.
- The Gentlemen threatened to leak data from LegalWise and Samwumed.
- The group breached insurtech MIP Holdings in June and stole client data.
- Hollard Insurance is among the insurers using MIP Holdings software.
- Check Point said the group drove 17 percent of July ransomware attacks.
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Luis Monzon reports:
Ransomware-as-a-service group The Gentlemen threatened to leak data belonging to insurance companies LegalWise and Samwumed, with more South African companies likely to follow.
The Gentlemen is one of the most active cybercriminal organisations in the world, and accounted for 17% of all ransomware attacks globally in July, according to Check Point Software.
The group breached MIP Holdings in June, a South African insurtech company that provides software to some of the country’s largest insurers, including Hollard Insurance.
When The Gentlemen breached MIP Holdings, they stole data from numerous other local companies, and now the group is steadily seeking to extort these third-party firms.
Read more at My Broadband.
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