In July 2023, Example Corp experienced a significant data breach, compromising the personal and financial information of millions of its customers. The attackers exploited a known vulnerability that had not been patched, allowing them unauthorized access to the company's secure data storage systems. As a result, sensitive information, including names, addresses, credit card details, and social security numbers, were leaked, leading to widespread fraud and identity theft among affected customers. The incident severely impacted the company's reputation, resulting in a substantial loss of customer trust, a drop in share price, and regulatory fines. This event highlights the critical importance of timely cybersecurity practices and the dire consequences of neglect.
Source: https://commercial.allianz.com/news-and-insights/reports/allianz-risk-barometer.html
"id": "exa202050724",
"linkid": "example-corp",
"type": "Ransomware",
"date": "07/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"