In July 2023, Example Corporation fell victim to a sophisticated ransomware attack, resulting in significant downtime and financial loss. Attackers exploited a known vulnerability that had not been patched in the company's legacy systems. Despite having multiple layers of security, the attackers navigated through the network, encrypting critical data and demanding a hefty ransom. The incident led to the exposure of sensitive customer information, causing not only operational disruptions but also harming the company's reputation. Efforts to restore services were complicated and time-consuming, leading to a loss of business and diminished customer trust. This incident has served as a wake-up call for Example Corporation, prompting a comprehensive review of its cybersecurity policies and the implementation of stricter security measures.
Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/
"id": "exa426050724",
"linkid": "example-corporation",
"type": "Ransomware",
"date": "07/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"