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After discontinuing support for ransom payments, insurer AXA was attacked by ransomware.

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A ransomware cyber assault has targeted the Thai, Malaysian, Hong Kong, and Philippine branches of the world’s largest insurance company, AXA.

The Avaddon ransomware organisation claimed yesterday, as reported by BleepingComputer, that it had stolen 3 TB of private data from AXA’s Asian operations.

Additionally, AXA’s international websites were down yesterday for a while due to a Distributed Denial of Service (DDoS) attack, according to BleepingComputer.

The organisation claims that the compromised data collected by Avaddon includes copies of ID cards, bank account statements, claim forms, payment records, contracts, claim forms for customers that reveal their sexual health diagnosis, and more.

The group’s statement follows AXA’s revelation that it would no longer cover ransomware extortion payments when underwriting cyber-insurance plans in France.

Asian AXA offices are targeted by a ransomware organisation.
The ransomware organisation Avaddon took responsibility for the attack on AXA’s offices in Asia yesterday.

The organisation also said that there was a DDoS assault ongoing against AXA’s websites hosted in Thailand, Malaysia, Hong Kong, and the Philippines:

The Avaddon ransomware group initially made the threat to conduct DDoS assaults to take down victims’ websites or networks until they get in touch and start negotiating to pay the ransom in February 2021.

When ransomware gangs started deploying DDoS assaults against its victims as an extra point of leverage in October 2020, BleepingComputer became the first publication to report on this new development.

About a week after AXA announced that payment for ransomware extortion settlements would no longer be included in their cyber-insurance plans sold in France, Avaddon announced the attack on AXA’s infrastructure.

Avaddon started dumping part of the stolen data on their leak site yesterday, as spotted by BleepingComputer, even if the exact date of the incident remains unknown.

Avaddon also threatened to expose AXA’s priceless records if the insurance firm didn’t get in touch with them and work with them within 10 days.

The gang asserts to have gotten 3 TB of AXA data, which includes:

client medical records (including those containing sexual health diagnosis)
customer claims payments to consumers’ bank accounts scanned records content only available to hospitals and physicians (private fraud investigations, agreements, denied reimbursements, contracts)
Identity cards, passports, and other forms of identification

AXA: Access to data by a Thai partner only, “No Evidence”
AXA responded when approached by BleepingComputer as follows:

A recent targeted ransomware assault on Asia Assistance affected its IT operations in Thailand, Malaysia, Hong Kong, and the Philippines.

As a result, someone was able to access some data handled by Inter Partners Assistance (IPA) in Thailand.

“At this time, there is no proof that any more data was accessed in Thailand beyond IPA.”

“The event is being investigated by a specialised group that includes outside forensic specialists. Partners in business and regulators have been notified.”

According to an AXA spokesman, “AXA takes data privacy extremely seriously and will take the appropriate procedures to notify and help all corporate clients and people impacted” if IPA’s investigations reveal that sensitive data of any persons have been compromised.

The incident’s timing is interesting in light of this week’s FBI and Australian Cyber Security Centre (ACSC) alerts on ongoing Avaddon ransomware assaults aimed against enterprises from a wide range of industries in the US and throughout the world.

Attackers that employ ransomware on enterprises continue to expand and interrupt numerous operations while demanding extortionate ransom payments.

The DarkSide cyberterrorist organisation recently requested $5 million to reactivate the Colonial Pipeline infrastructure.

Additionally, just last week, BleepingComputer reported that a $20 million ransomware demand was made on Ireland’s Health Services.

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What is faze save kidshaywarddecrypt?

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faze save kidshaywarddecrypt

“Faze Save Kidshaywarddecrypt” likely refers to a meme or joke within the gaming community.

Esports faze save

“Faze Clan” is a professional esports and entertainment organization, primarily known for their presence in the Call of Duty and Counter-Strike: Global Offensive scenes. “Faze Save” could refer to a clutch play or a significant moment in a match where a player from the Faze Clan saved the round for their team. However, without more context, it’s difficult to determine the specific meaning of “Faze Save.”

Several players of the popular esports FaZe clan were suspended recently for promoting a controversial cryptocurrency called Save The Kids. Save The Kids was advertised as an alternative to Dogecoin and Etherium, and it promised to donate a portion of the proceeds to a charity. The controversy caused a huge backlash from fans, who slammed the clan for its shady business practices.

The members of FaZe Clan have denied being involved with the scheme, but anyone found to be involved in the scheme could face serious consequences. FaZe Clan’s reputation could be ruined, and potential sponsors could be discouraged from working with the group.

Faze clan save

“Faze Clan Save” could refer to a clutch play or a significant moment in a match where a player from the Faze Clan saved the round for their team. It might be used to describe a play that was critical to the outcome of a match and helped secure a win for Faze Clan.

faze save the kids

“Save the Kids” is a phrase that has become popular in internet culture and is often used as a hashtag or meme. The exact meaning of “Save the Kids” varies depending on the context, but it generally refers to a call to action or a show of support for a cause, often related to children’s rights, safety, or well-being.

In the context of “Faze Save the Kids”, it’s possible that it is a reference to the Faze Clan supporting the “Save the Kids” cause or using the phrase as a rallying cry within the gaming community. However, without more context, it is difficult to determine the exact meaning.

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Sources:On Monday, Facebook will reveal a range of music products, such as a Clubhouse-like app, a podcast discovery service integrated with Spotify, and more. (Vox, Peter Kafka)

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Sources:On Monday, Facebook will reveal a range of music products, such as a Clubhouse-like app, a podcast discovery service integrated with Spotify, and more. (Vox, Peter Kafka)

Peter Kafka / Vox:

Several audio products, including a Clubhouse-like app, a podcast finding service integrated with Spotify, and more, will be unveiled by Facebook on Monday, according to sources. On Monday, there will be announcements, although some things won’t be available for some time. — Facebook wants you to start communicating with others on the site.

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ByteDance’s founder Zhang Yiming steps down as Executive Chairman

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Zhang Yiming
The founder of TikTok’s parent company ByteDance founder Zhang Yiming has stepped down as chairman after announcing last May he was resigning as CEO and moving into a strategy role. New CEO Liang Rubo has taken over as chairman of the company’s board. The news comes shortly after the company announced a major organisational reshuffle at ByteDance to create six separate business units.
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