In May 2024, Example Company Inc. was hit by a severe cyberattack, identified as part of the MOVEit breach orchestrated by the notorious Cl0p hacker group. The breach resulted in the extensive leak of personal data belonging to millions of users, including sensitive financial information, which was subsequently found for sale on dark web marketplaces. This incident has not only caused substantial financial damage to the company due to the cost of the breach response and lost revenue but has also significantly tarnished its reputation, resulting in a loss of customer trust and dropping stock prices. The aftermath of the attack has forced the company to increase its cybersecurity budget and review its data handling and security protocols.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "exa409050724",
"linkid": "example-company-inc",
"type": "Cyber Attack",
"date": "05/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"