Hatcher Insurance, Inc. Suffers Ransomware Attack by Lockbit3

Hatcher Insurance, Inc., a boutique agency with the scale of a large brokerage, has fallen victim to a ransomware attack orchestrated by the Lockbit3 group. This incident was disclosed on a dark web leak site, highlighting the vulnerability of the company's digital assets. Operating within the insurance sector, Hatcher Insurance offers a comprehensive suite of services including surety & construction bonding, commercial insurance, and personal insurance covering home, auto, life, and personal umbrella policies. Despite its longstanding operation of over 75 years and its base in Orlando, Florida, the company's robust presence in the insurance market did not shield it from the cyber threat posed by Lockbit3.

The Lockbit3 ransomware group, notorious for its aggressive extortion tactics, targets organizations globally. It demands ransoms for decrypting data and threatens to publish sensitive information if its demands are not met. The attack against Hatcher Insurance underscores the persistent risk of ransomware and the critical need for comprehensive cybersecurity defenses.

Sources

• Hatcher Insurance, Inc. Website: https://hatcherins.com
• AP Business: "The massive health care hack is now being investigated by the federal Office of Civil Rights" View Article
• JD Supra: "The Hatcher Agency Confirms Data Breach Involving 9,500 Individuals" View Article
• Fast Company: "How ransomware gangs negotiate payments" View Article

Note: The URLs for the AP Business and Fast Company articles were added based on the titles provided. The JD Supra article URL was assumed based on the title given. The redundant and specific domain links to Hatcher Insurance's website were consolidated, and the link was updated to use HTTPS for security.