Thank you for posting Johnathan Rudy. US insurer Erie Indemnity Company (Erie) informed the SEC this week that it is currently dealing with a…

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Thank you for posting Johnathan Rudy. US insurer Erie Indemnity Company (Erie) informed the SEC this week that it is currently dealing with a cyber attack.

The 8K report submitted to the SEC highlighted that Erie identified its IT networks had been compromised as a result of a cyber attack. The breadth and depth is as yet unknown to the markets.

https://lnkd.in/eKYEUJYh

Erie has demonstrated y-o-y increases in revenue, posting revenue of $3.75 billion for FY 2024, with March 31 2025 quarter end accounts showing a revenue of $0.989 billion, a 12.34% increase Y-O-Y. To much down time may prove expensive for a company that also offers customer cyber indemnity protection.

@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan

Veritas GRC

#cybersecurity #cyberriskmanagement #cyberregulation #cyberinsurance

https://lnkd.in/eiW6WmNw

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Cyber Insurance, Cybersecurity, Regulation & Compliance

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