Australian health insurance sector targeted by notorious cybercrime group

Australian health insurance sector targeted by notorious cybercrime group

Australia's health insurance industry has been targeted by a well-known cybercrime group during the COVID-19 pandemic.

According to global cybersecurity firm Palo Alto Networks a series of eight campaigns from a cybercrime actor called SilverTerrier have been taking advantage of vulnerable businesses during COVID-19 confusion.

Of the eight campaigns three were specifically targeted at Australian companies, with the health insurance sector the main target of SilverTerrirer.

One of the campaigns saw emails sent with malicious attachments or links and contained subject lines ranging from "COVID:19 - FACIAL MASKS NEW ORDER", "latest vaccine release for corona-virus", to "COVID-19 Supplies".

On March 23 Palo Alto Networks discovered another email campaign from SilverTerrier in which an Australian health insurance provider was targeted with a phishing email scam.

The subject line and attachment were designed to portray an order form for new face masks.

The next day and continuing through to April 7 a fourth, more complex campaign was discovered where emails were sent to several Australian recipients, including an energy company.

Palo Alto Networks says this time three different email accounts were used to send three different malicious attachments, each using the same email subject relating to COVID-19 supplies.

The largest move by SilverTerrier came in April when Australian government institutions were targeted by a broadly distributed attack.

None of the malicious campaigns uncovered by Palo Alto Networks were successful in infecting their intended targets.

The cybersecurity firm encouraged businesses to remain vigilant; an important message considering how in 2019 these types of cyber-attacks caused $1.77 billion in losses according to the FBI.

Never miss a news update, subscribe here. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Business News Australia

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Facing the latest impacts of cyber-crime: cyber insurance premiums increase for businesses
Partner Content
As Australian businesses are forced to adapt to a new normal yet again, a different typ...
Aon
Advertisement

Related Stories

Victoria hit with magnitude-5.8 earthquake, felt as far as Sydney and Adelaide

Victoria hit with magnitude-5.8 earthquake, felt as far as Sydney and Adelaide

A magnitude-5.8 earthquake originating in Mansfield, Victoria ...

Douugh to list on US market ahead of proposed NASDAQ play

Douugh to list on US market ahead of proposed NASDAQ play

Money management fintech Douugh (ASX: DOU) hopes to access a deeper...

CBA, Antler lead $25m Series B raise for property management company :Different

CBA, Antler lead $25m Series B raise for property management company :Different

Motivated by its founders' desire to improve communication and ...

Byron, Tweed and Kempsey to go back into lockdown

Byron, Tweed and Kempsey to go back into lockdown

The northern New South Wales local government areas (LGAs) of Byron...