Lloyd’s of London is investigating a possible cyber attack and has taken initial precautions in response, the re/insurance market has confirmed.
“Lloyd’s has detected unusual activity on its network, and we are investigating the issue. As a precautionary measure, we are resetting the Lloyd’s network and systems. All external connectivity has been turned off, including Lloyd’s delegated authority platforms,” according to a spokesperson.
We have informed market participants and relevant parties, and we will provide more information once our investigations have concluded.
Lloyd’s, which has been vocal in its support for sanctions against Russia, declined to comment on the possible source of the attack.
Around 100 insurance syndicates operate at Lloyd’s. Several of the syndicates offer cyber insurance against such attacks.