Insurance giant Lloyd’s of London says it is working on restoring its systems after an investigation into a potential cyberattack found no evidence of compromise.

Last week, the company announced that it had detected unusual activity within its network and that it disconnected some of its systems as a precaution, while investigating the incident.

“Following the unusual activity detected on Lloyd’s network, our precautionary work to secure systems has been completed overnight,” a Lloyd’s spokesperson said, responding to a SecurityWeek inquiry.

In an emailed statement on Monday, Lloyd’s notified SecurityWeek that it has started restoring systems that were taken offline last week and that the entire restoration process is expected to be completed by Wednesday.

The insurance giant did not share any details about the cyber incident itself, but the actions it took initially suggested that ransomware might have been involved.

By Ionut Arghire on Wed, 12 Oct 2022 09:39:47 +0000
Original link