AustroTech Solutions

AustroTech Solutions

In May 2023, AustroTech Solutions, a leading software development firm in Austria, experienced a significant cyber attack that compromised the personal information of over 10,000 customers. The breach was a result of a targeted ransomware attack that exploited an unpatched vulnerability in the company's customer service platform. Despite attempts to mitigate the incident, the attackers leaked sensitive data online, including customers' names, addresses, and payment information. The breach not only resulted in financial losses due to data recovery and legal costs but also damaged the company's reputation, leading to a loss of customer trust. AustroTech Solutions has since taken measures to strengthen their cybersecurity infrastructure and is working closely with authorities to address the fallout from the attack.

Source: https://www.trade.gov/country-commercial-guides/austria-cyber-security

TPRM report: https://scoringcyber.rankiteo.com/company/austrotech-solutions

"id": "aus950050824",
"linkid": "austrotech-solutions",
"type": "Cyber Attack",
"date": "06/2023",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'customers_affected': '10,000',
                        'industry': 'Technology',
                        'location': 'Austria',
                        'name': 'AustroTech Solutions',
                        'type': 'Software Development Firm'}],
 'attack_vector': 'Ransomware',
 'data_breach': {'data_exfiltration': 'Yes',
                 'number_of_records_exposed': '10,000',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal information',
                                              'Payment information']},
 'date_detected': 'May 2023',
 'description': 'A significant cyber attack compromised the personal '
                'information of over 10,000 customers.',
 'impact': {'brand_reputation_impact': 'Loss of customer trust',
            'data_compromised': "Customers' names, addresses, and payment "
                                'information',
            'financial_loss': 'Data recovery and legal costs',
            'payment_information_risk': 'High',
            'systems_affected': 'Customer service platform'},
 'motivation': 'Financial gain and data theft',
 'post_incident_analysis': {'corrective_actions': 'Strengthening cybersecurity '
                                                  'infrastructure',
                            'root_causes': 'Unpatched vulnerability in the '
                                           'customer service platform'},
 'ransomware': {'data_exfiltration': 'Yes'},
 'response': {'law_enforcement_notified': 'Yes',
              'remediation_measures': 'Strengthening cybersecurity '
                                      'infrastructure'},
 'title': 'AustroTech Solutions Data Breach',
 'type': 'Data Breach',
 'vulnerability_exploited': 'Unpatched vulnerability in the customer service '
                            'platform'}
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