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Lloyd’s of London Cyber Incident Investigation Finds No Proof of Compromise

By Ionut Arghire on October 12, 2022

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Insurance coverage large Lloyd’s of London says it’s engaged on restoring its techniques after an investigation into a possible cyberattack discovered no proof of compromise.

Final week, the corporate introduced that it had detected uncommon exercise inside its community and that it disconnected a few of its techniques as a precaution, whereas investigating the incident.

“Following the bizarre exercise detected on Lloyd’s community, our precautionary work to safe techniques has been accomplished in a single day,” a Lloyd’s spokesperson mentioned, responding to a SecurityWeek inquiry.

In an emailed assertion on Monday, Lloyd’s notified SecurityWeek that it has began restoring techniques that have been taken offline final week and that the whole restoration course of is predicted to be accomplished by Wednesday.

“Final week, uncommon exercise was detected on the Lloyd’s community. Consequently, the proactive resolution was made to take some techniques offline and carry out a cyber safety investigation. This was led by a devoted group and two specialist companions, Mandiant and NTT.

The investigation has concluded that no proof of any compromise was discovered and as such Lloyd’s has been suggested that its community companies can now be restored.

We proceed to work with our companions to watch the IT surroundings as we restore companies to the market, which we at present anticipate to finish by Wednesday 12 October.”

The insurance coverage large didn’t share any particulars concerning the cyber incident itself, however the actions it took initially urged that ransomware might need been concerned.

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