Cyber Attack Alert: Aflac Hit by Hackers in Widespread U.S. Insurance Cybercrime Wave | CNN Business

Cybersecurity issues are escalating, as seen in a recent incident involving Aflac, a major insurance company. Hackers accessed sensitive data, possibly including Social Security numbers and health information. This breach highlights a troubling trend in the insurance sector, where several firms have faced similar attacks.

Aflac, known for its supplemental health insurance, is the largest target in this wave of cyberattacks. In recent weeks, Erie Insurance and Philadelphia Insurance Companies also reported hacks that disrupted their IT systems. Experts suggest a group called Scattered Spider is behind these breaches.

Scattered Spider is notorious for using "social engineering" tactics, tricking employees into revealing sensitive information. They often pose as tech support representatives to infiltrate companies. This group gained notoriety after high-profile attacks on Las Vegas hotels like MGM Resorts and Caesars Entertainment in September 2023.

Cynthia Kaiser, a former FBI official now with cybersecurity firm Halcyon, warns that Scattered Spider can launch attacks swiftly, often completing them in hours. “If they’re targeting you, seek help immediately,” she advises.

Concerns about cyber threats are real. In a recent survey by the Cybersecurity and Infrastructure Security Agency (CISA), nearly 80% of organizations reported at least one security incident last year. This shows how common cyberattacks have become across industries.

Interestingly, while many focus on nation-state threats, experts like John Hultquist from Google’s Threat Intelligence Group emphasize that groups like Scattered Spider pose an immediate risk. They not only target businesses but can disrupt everyday life, affecting supply chains and access to essential goods.

Given these developments, companies need to be vigilant. Simple actions, like training employees to recognize phishing attempts, can make a big difference. Cybersecurity isn’t just a tech issue; it’s a fundamental business concern that affects everyone.

For further reading and statistics on recent cyber threats, check out resources from the Cybersecurity and Infrastructure Security Agency CISA.

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