In May 2024, Example Company fell victim to a ransomware attack by the group Cl0p, affecting their MOVEit file transfer software. This led to significant disruptions in their operations, impacting both internal and customer data. Despite efforts to secure their systems, it was estimated that sensitive data pertaining to over 10,000 customers and employees were compromised, causing not only financial losses but also severe reputational damage. The company had to halt operations for several weeks to address the security breach, incurring hefty recovery costs and facing potential legal consequences from affected parties.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
TPRM report: https://scoringcyber.rankiteo.com/company/example-company
"id": "exa104050724",
"linkid": "example-company",
"type": "Cyber Attack",
"date": "05/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': '10,000',
'name': 'Example Company',
'type': 'Corporate'}],
'attack_vector': 'MOVEit file transfer software',
'data_breach': {'number_of_records_exposed': '10,000',
'sensitivity_of_data': 'Sensitive',
'type_of_data_compromised': ['Customer Data',
'Employee Data']},
'date_detected': '2024-05',
'description': 'In May 2024, Example Company fell victim to a ransomware '
'attack by the group Cl0p, affecting their MOVEit file '
'transfer software. This led to significant disruptions in '
'their operations, impacting both internal and customer data. '
'Despite efforts to secure their systems, it was estimated '
'that sensitive data pertaining to over 10,000 customers and '
'employees were compromised, causing not only financial losses '
'but also severe reputational damage. The company had to halt '
'operations for several weeks to address the security breach, '
'incurring hefty recovery costs and facing potential legal '
'consequences from affected parties.',
'impact': {'brand_reputation_impact': 'Severe reputational damage',
'data_compromised': ['Customer Data', 'Employee Data'],
'downtime': 'Several weeks',
'legal_liabilities': 'Potential legal consequences',
'operational_impact': 'Significant disruptions',
'systems_affected': ['MOVEit file transfer software']},
'motivation': 'Financial, Data Theft',
'ransomware': {'ransomware_strain': 'Cl0p'},
'threat_actor': 'Cl0p',
'title': 'Ransomware Attack on Example Company',
'type': 'Ransomware'}