Incident Score: Analysis & Impact (ASEGRO1769571259)
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Rankiteo Score Impact Analysis
Key Highlights From The Incident Analysis
- Timeline of SMABTP's Ransomware and lateral movement inside company's environment.
- Overview of affected data sets, including SSNs and PHI, and why they materially increase incident severity.
- How Rankiteo’s incident engine converts technical details into a normalized incident score.
- How this cyber incident impacts SMABTP Rankiteo cyber scoring and cyber rating.
- Rankiteo’s MITRE ATT&CK correlation analysis for this incident, with associated confidence level.
Full Incident Analysis Transcript
In this Rankiteo incident briefing, we review the SMABTP breach identified under incident ID ASEGRO1769571259.
The analysis begins with a detailed overview of SMABTP's information like the linkedin page: https://www.linkedin.com/company/groupesma, the number of followers: 44467, the industry type: Insurance and the number of employees: 2909 employees
After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 761 and after the incident was 650 with a difference of -111 which is could be a good indicator of the severity and impact of the incident.
In the next step of the video, we will analyze in more details the incident and the impact it had on SMABTP and their customers.
Asefa recently reported "Qilin Ransomware Attack on Asefa, Leaking Sensitive Data Including FC Barcelona Project Details", a noteworthy cybersecurity incident.
The Qilin ransomware group claimed responsibility for a cyberattack on Asefa, a Madrid-based subsidiary of France’s SMABTP, one of Europe’s leading mutual insurers.
The disruption is felt across the environment, affecting Internal systems, and exposing Over 200GB of sensitive data.
In response, moved swiftly to contain the threat with measures like Full digital functionality suspended, and began remediation that includes Comprehensive cybersecurity audit, and stakeholders are being briefed through Public notice (now removed).
The case underscores how teams are taking away lessons such as The incident highlights escalating ransomware threats to the insurance sector, particularly for firms with international operations, and underscores the need for enhanced cybersecurity measures, and recommending next steps like Reassess cybersecurity measures and risk exposure, enhance monitoring, and implement stronger data protection protocols, with advisories going out to stakeholders covering Assurance that core insurance operations remained intact.
Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.
The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.
MITRE ATT&CK® Correlation Analysis
Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Exploit Public-Facing Application (T1190) with moderate confidence (50%), supported by evidence indicating attack threatening the organizations existence, initial access details unclear and Valid Accounts (T1078) with moderate confidence (60%), supported by evidence indicating temporary disruptions to internal systems, likely required authenticated access. Under the Execution tactic, the analysis identified User Execution: Malicious File (T1204.002) with moderate to high confidence (70%), supported by evidence indicating qilin ransomware group claimed responsibility for the attack. Under the Credential Access tactic, the analysis identified OS Credential Dumping (T1003) with moderate confidence (60%), supported by evidence indicating internal corporate documents and financial records exfiltrated and Unsecured Credentials: Credentials In Files (T1552.001) with moderate confidence (50%), supported by evidence indicating legal agreements and passport scans compromised. Under the Collection tactic, the analysis identified Data from Local System (T1005) with high confidence (90%), supported by evidence indicating over 200GB of sensitive data exfiltrated, including internal documents and Data from Information Repositories (T1213) with moderate to high confidence (80%), supported by evidence indicating financial records, legal agreements, and insurance program details compromised. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with high confidence (90%), supported by evidence indicating 200GB of data exfiltrated by Qilin ransomware group and Exfiltration Over Web Service (T1567) with moderate to high confidence (70%), supported by evidence indicating ransomware group likely used external services for data transfer. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with moderate to high confidence (80%), supported by evidence indicating ransomware attack, full digital functionality suspended and Defacement (T1491) with lower confidence (40%), supported by evidence indicating public notice about the incident was later removed. Under the Defense Evasion tactic, the analysis identified Obfuscated Files or Information (T1027) with moderate to high confidence (70%), supported by evidence indicating qilin ransomware group known for evading detection and Impair Defenses: Disable or Modify Tools (T1562.001) with moderate confidence (60%), supported by evidence indicating temporary disruptions to internal systems, full functionality suspended. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- SMABTP Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/groupesma/incident/ASEGRO1769571259
- SMABTP CyberSecurity Rating page: https://www.rankiteo.com/company/groupesma
- SMABTP Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/asegro1769571259-smabtp-asefa-ransomware-april-2025/
- SMABTP CyberSecurity Score History: https://www.rankiteo.com/company/groupesma/history
- SMABTP CyberSecurity Incident Source: https://www.insurancebusinessmag.com/uk/news/cyber/major-european-insurer-hit-by-cyberattack-539138.aspx
- Rankiteo A.I CyberSecurity Rating methodology: https://www.rankiteo.com/Images/rankiteo_algo.pdf
- Rankiteo TPRM Scoring methodology: https://static.rankiteo.com/model/rankiteo_tprm_methodology.pdf