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Scattered Spider Attacks: A Growing Threat to the Insurance Industry

Scattered Spider Attacks: A Growing Threat to the Insurance Industry

The insurance industry, a cornerstone of financial stability, has become the latest target of the notorious cybercriminal group Scattered Spider. Known for their sophisticated social engineering tactics and ability to bypass multi-factor authentication (MFA), this group has shifted its focus from retail to insurance, causing significant disruptions and data breaches. Recent incidents at companies like Aflac and Erie Insurance highlight the urgency for robust cybersecurity measures. This report explores Scattered Spider’s tactics, their impact on the insurance sector, strategies to combat these attacks, and how Crux Security can help organizations fortify their defenses.

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