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Gallagher begins restart after cyber attack



Arthur J. Gallagher & Co. late Monday revealed further details about a ransomware incident that it first revealed earlier in the day and said it is restarting its systems.

On Saturday, the company discovered a ransomware. event that affects a limited portion of our internal systems, "the broker was revealed in an application to the US Securities and Exchange Commission.

On Monday, all systems with the subsidiary Gallagher Bassett Services Inc. were closed. On Tuesday, the unit's website remained offline. We immediately took all of our global systems offline as a precaution, initiated response protocols, initiated an investigation, hired the services of external cybersecurity and forensic professionals, and implemented our business plans for continuity to minimize disruption to our customers, "the federal application reads. [1

9659002] Gallagher added in his application that the company is "at an early stage of assessing the incident" and that "based on the information currently known, we do not expect the incident to have a material impact on our business, operations or financial situation.

The agency said it has "restarted or is restarting most of our business systems.

A Gallagher spokeswoman could not be immediately reached for comment.

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