The Cyber Insurer Who Couldn't Cyber: MagMutual Leaves 7.3M Records Out to Dry

The Cyber Insurer Who Couldn't Cyber: MagMutual Leaves 7.3M Records Out to Dry was compromised in a ransomware attack attributed to leaknet in June 2026. The organization, operating in an undisclosed sector in Unknown, was added to the group's data leak site as part of an extortion campaign.

leaknet operates as a financially motivated ransomware-as-a-service (RaaS) operation, exfiltrating sensitive data and threatening public disclosure to pressure victims into paying ransom demands.

When the vault has no lock: A cyber insurance giant forgot to insure itself. 7,300,000 reasons to question your policy: Medical records, financial data, litigation file. HIPAA called. It's not happy: Millions of lines of patient data.