Ransomware pandemic gets AXA

Cyberinsurance giant AXA said that it would no longer be writing policies to cover ransomware payments. Now AXA in Thailand, Malaysia, Hong Kong, and the Phillippines have reportedly been hit… by a ransomware attack. The ransomware gang posted on its website over the weekend that it had stolen 3 terabytes worth of data, including: customers’ personally identifiable information, including scans of passports and ID documents, customers’ medical records, hospital bills, and claims. AXA denies but says customers with urgent concerns should phone the company’s customer care hotline.