Insurance Information Bureau Of India Hit by Ransomware Attack: Hackers Demand $250,000 As Ransom

Sharad Natani reports:

In a shocking turn of events, the Insurance Information Bureau of India (IIB) fell victim to a ransomware attack on April 2, 2023. The attack left nearly 30 server systems encrypted, rendering the agency’s data inaccessible.

Initially, IIB officials chose to keep the attack under wraps. However, as the severity of the situation became apparent, they eventually filed a complaint with the Cyberabad police. The investigation conducted by the police has identified the hackers responsible for the attack as a group from Russia.