Cyberinsurance giant AXA hit by ransomware attack after saying it would stop covering ransom payments

One week after the French branch of cyberinsurance giant AXA said that it would no longer be writing policies to cover ransomware payments, the company’s operations in Thailand, Malaysia, Hong Kong, and the Phillippines have reportedly been hit… by a ransomware attack. As the Financial Times reports, the Avaddon ransomware gang posted on its website over the weekend that it had stolen 3 terabytes worth of data, including:

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