Lloyd’s of London is probing a possible cybersecurity incident that led it to yank some systems offline.
A spokesperson for the massive U.K. insurance and reinsurance market said unusual network activity provoked an overnight scramble to secure systems. “We are currently evaluating the best options for reconnecting these systems as we continue to investigate the issue,” the spokesperson told Information Security Media Group.
“We are working with specialist partners and a dedicated team, and we continue to keep market participants and relevant parties updated,” the spokesperson added.
Details are scarce at the moment, including whether the incident is malicious or involves ransomware and who may have instigated the incident. The market has been active in applying international sanctions against the Kremlin by denying marine insurance for Russia oil experts, the Financial Times reported earlier this year.
“Lloyd’s supports and remains focused on the delivery of a global sanctions regime against the Russian state,” a spokesperson told Reuters.
