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Analyze » Hiscox Ireland » HIS1774463488

Incident Score: Analysis & Impact (HIS1774463488)

The details regarding individual company incidents & reports gives you full view from every side.

Rankiteo Score Impact Analysis

Rankiteo Incident Impact-20
Company Score Before Incident750 / 1000
Company Score After Incident730 / 1000
Company LinkView Hiscox Ireland Profile
INCIDENT NUMBERHIS1774463488
Type of Cyber IncidentCyber Attack
ATTACK VECTORNA
DATA EXPOSEDNA
INCIDENT DATE24/03/2025
STATUSpublished

Key Highlights From The Incident Analysis

  • Timeline of Hiscox Ireland's Cyber Attack 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 Hiscox Ireland 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 Hiscox Ireland breach identified under incident ID HIS1774463488.

The analysis begins with a detailed overview of Hiscox Ireland's information like the linkedin page: https://www.linkedin.com/company/hiscox-ireland, the number of followers: 1642, the industry type: Insurance and the number of employees: 23 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 750 and after the incident was 730 with a difference of -20 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 Hiscox Ireland and their customers.

A newly reported cybersecurity incident, "Cyberattacks in Ireland: Human and Financial Toll on Businesses", has drawn attention.

A recent survey by Hiscox reveals that cyberattacks on Irish businesses over the past year have inflicted significant human and financial costs, including employee burnout, financial damage, and operational disruptions.

The disruption is felt across the environment, plus an estimated financial loss of Material damage to financial health (31% of affected companies).

In response, while recovery efforts such as Rebuilt systems (35% of ransomware victims) continue.

The case underscores how teams are taking away lessons such as Proactive planning and incident response strategies are critical to mitigating long-term damage. Ransom payments often fail to deliver promised recoveries, and AI vulnerabilities pose emerging risks, and recommending next steps like Invest in AI-related security measures (42% of businesses planning to do so), Ensure cyber insurance policies cover AI risks (38% of businesses) and Significant investments in cybersecurity and data protection (25% of businesses planning).

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 Endpoint Denial of Service (T1499) with high confidence (90%), supported by evidence indicating dDoS attacks...accounted for 36% of incidents, disrupting operations and Exploit Public-Facing Application (T1190) with moderate to high confidence (70%), supported by evidence indicating third-party AI tool vulnerabilities identified as a major emerging threat. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with high confidence (95%), supported by evidence indicating ransomware remained a persistent threat...data encryption confirmed and Defacement (T1491) with moderate confidence (50%), supported by evidence indicating 35% of ransomware victims still had to rebuild systems despite decryption. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (80%), supported by evidence indicating 29% of ransomware victims saw their data leaked regardless of payment. Under the Credential Access tactic, the analysis identified Adversary-in-the-Middle (T1557) with moderate confidence (60%), supported by evidence indicating third-party AI tool vulnerabilities (62%) may enable credential interception. Under the Defense Evasion tactic, the analysis identified Virtualization/Sandbox Evasion (T1497) with moderate confidence (50%), supported by evidence indicating aI tools may be abused to bypass traditional security controls. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.

Initial Access
Endpoint Denial of Service (90%)
Exploit Public-Facing Application (70%)
Impact
Data Encrypted for Impact (95%)
Defacement (50%)
Exfiltration
Exfiltration Over C2 Channel (80%)
Credential Access
Adversary-in-the-Middle (60%)
Defense Evasion
Virtualization/Sandbox Evasion (50%)

Sources & References