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Ransomware victim Financial Services

Insurance Agency Marketing Services

Listed by Moneymessage on · organisation based in United States

iamsinc.com

Disclosed
May 16, 2024
Leak-site listing date
Threat group
Moneymessage
19 victims listed
Country
United States
#1 most targeted
Sector
Financial Services

ThreatAI analysis

Compiled from this incident record and the threat intelligence profile for Moneymessage. Figures and technique mappings are quoted from the source data, not inferred.

About the Moneymessage group

Money Message emerged in March 2023 targeting Windows and Linux systems across banking, transportation, and professional services sectors, demanding ransoms in the millions and publishing stolen data on their blog if unpaid, with most known victims based in the US. Moneymessage has listed 36 victims since January 2023.

Incident analysis

Insurance Agency Marketing Services was listed by Moneymessage ransomware, a group with 19 victims recorded in this database. The listing appeared on the group's leak site on May 16, 2024.

Insurance Agency Marketing Services is based in United States and operates in the Financial Services sector. United States ranks #1 worldwide for ransomware disclosures, with 10,335 victims in this database.

Sector context. Financial sector organisations are targeted for their access to funds, sensitive financial data, and the reputational damage a public breach can cause. Regulatory requirements also increase recovery costs.

Moneymessage typically follows a double extortion model: data is exfiltrated from the victim's systems before files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished. The leak site, where this listing appeared, is the lever for the second demand.

Frequently asked questions

Was Insurance Agency Marketing Services attacked by ransomware?

Yes. Insurance Agency Marketing Services was listed as a victim of the Moneymessage ransomware group on May 16, 2024. The organisation is based in United States and operates in the Financial Services sector. The disclosure appeared on the group's dark web leak site.

Which ransomware group attacked Insurance Agency Marketing Services?

Insurance Agency Marketing Services was attacked by Moneymessage ransomware. Moneymessage is one of the most active ransomware groups, having claimed 19 victims globally. The group typically employs a double-extortion model: encrypting the victim's files and threatening to publish stolen data.

When did the Insurance Agency Marketing Services ransomware attack occur?

The ransomware attack on Insurance Agency Marketing Services was disclosed on May 16, 2024. This date reflects when the victim was published on the threat group's leak site, which may differ from the actual date of initial compromise.

What data was stolen in the Insurance Agency Marketing Services ransomware attack?

The specific data stolen from Insurance Agency Marketing Services has not been independently verified by this platform. Ransomware groups typically exfiltrate data before encrypting systems and use the threat of publication to pressure victims. As a Financial Services organisation, Insurance Agency Marketing Services likely held financial records, client data, and transaction histories.

How can organisations protect against Moneymessage attacks?

To defend against Moneymessage and similar threat actors, organisations should: maintain regular offline backups tested for restoration; implement network segmentation to limit lateral movement; deploy multi-factor authentication on all remote access; use endpoint detection and response (EDR) tools; conduct regular phishing and security awareness training; and monitor threat intelligence feeds for indicators of compromise (IOCs) associated with active groups.