CyberTech Inc.

In March 2023, CyberTech Inc., a leading software development company, fell victim to a ransomware attack orchestrated by a well-known cyber criminal group. The attackers exploited a vulnerability in the company's public-facing web application to install ransomware, encrypting critical data and rendering it inaccessible. The attackers demanded a significant ransom in exchange for the decryption key. Despite efforts to recover the data without giving in to the criminals' demands, CyberTech Inc. experienced significant operational disruptions, leading to financial losses and damage to its reputation. The attack was part of a larger campaign targeting software developers, emphasizing the need for improved cybersecurity measures within the industry.

Source: https://www.nationalcrimeagency.gov.uk/what-we-do/crime-threats/cyber-crime

TPRM report: https://scoringcyber.rankiteo.com/company/cybertech-inc

"id": "cyb701050824",
"linkid": "cybertech-inc",
"type": "Ransomware",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'industry': 'Software Development',
                        'name': 'CyberTech Inc.',
                        'type': 'Software Development Company'}],
 'attack_vector': 'Vulnerability in public-facing web application',
 'data_breach': {'data_encryption': 'Critical data'},
 'date_detected': 'March 2023',
 'description': 'In March 2023, CyberTech Inc., a leading software development '
                'company, fell victim to a ransomware attack orchestrated by a '
                'well-known cyber criminal group. The attackers exploited a '
                "vulnerability in the company's public-facing web application "
                'to install ransomware, encrypting critical data and rendering '
                'it inaccessible. The attackers demanded a significant ransom '
                'in exchange for the decryption key. Despite efforts to '
                "recover the data without giving in to the criminals' demands, "
                'CyberTech Inc. experienced significant operational '
                'disruptions, leading to financial losses and damage to its '
                'reputation. The attack was part of a larger campaign '
                'targeting software developers, emphasizing the need for '
                'improved cybersecurity measures within the industry.',
 'impact': {'brand_reputation_impact': 'Damage to reputation',
            'data_compromised': 'Critical data encrypted',
            'operational_impact': 'Significant operational disruptions'},
 'initial_access_broker': {'entry_point': 'Vulnerability in public-facing web '
                                          'application'},
 'lessons_learned': 'Need for improved cybersecurity measures within the '
                    'industry',
 'motivation': 'Financial gain',
 'ransomware': {'data_encryption': 'Critical data',
                'ransom_demanded': 'Significant'},
 'threat_actor': 'Well-known cyber criminal group',
 'title': 'Ransomware Attack on CyberTech Inc.',
 'type': 'Ransomware'}