Lloyd’s of London is investigating a cyberattack after detecting unusual network activity this week. In response to the alleged intrusion it has reset the IT infrastructure and shut down any external connection.
“Lloyd’s has detected unusual activity on its network and we are investigating the issue,” a spokesperson told the media. “As a precautionary measure, we are resetting the Lloyd’s network and systems. All external connectivity has been turned off, including Lloyd’s delegated authority platforms.”
The incident comes after the entire insurance industry was alerted of cyber attacks as a result of the ongoing conflict between Russia and Ukraine. Companies in the insurance market condemned Russia’s invasion of Ukraine and supported sanctions against Moscow. Both UK and European Union banned on insuring ships carrying Russian oil.
In August, Lloyd’s of London told to its insurance syndicates that it will no cover losses caused by cyber attacks conducted by nation-state actors and resulting from malicious activities related the ongoing conflict.
“It is important that Lloyd’s can have confidence that syndicates are managing their exposures to liabilities arising from war and state backed cyber-attacks.” reads a bulletin sent to syndicates.
“At a minimum, the state backed cyber-attack exclusion must:
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(SecurityAffairs – hacking, Lloyd’s of London)