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Industry News: ESG5

      Know Your Breach: Magellan Health

      May 29, 2020 11:53:11 AM

      The target: Magellan Health, a for-profit managed health care and insurance firm

      The take: Names, addresses, employee ID numbers, W-2 or 1099 details, social security and Taxpayer ID numbers, and in some cases, usernames and passwords for an undisclosed number of ‘current employees’.

      The attack vector: After an initial round of phishing e-mails, attackers obtained user credentials and accessed internal systems, deploying software to capture login credentials for some staff, and exfiltrating personal employee information before deploying a ransomware attack on Magellan’s system some days later.

      This example illustrates the cumulative and progressive nature of a breach, once initiated – no cyber-attack exists in isolation. Once an attacker has gained access to privileged accounts and systems, they can execute multiple attack vectors – exfiltrating sensitive data, and triggering a ransomware attack on internal systems, either to distract from their earlier activities or for purely financial gain. Security controls must be many and layered to ensure that a compromise of one can still be mitigated and contained.

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      Topics:Know Your Breach

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