In March 2024, Example Company ABC was targeted by a sophisticated ransomware attack that resulted in the encryption of important financial records and the theft of customer personal data. Despite the company's quick response and engagement with cybersecurity professionals, the significant data breach led to a substantial loss of trust among its customer base, resulting in a sharp decline in sales and a stock value drop. The attackers demanded a large sum of money for the decryption key, which the company refused to pay, opting instead to restore its systems from backups where possible. The attack was widely reported in the media, causing further reputational damage.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
TPRM report: https://scoringcyber.rankiteo.com/company/example-company-abc
"id": "exa428051124",
"linkid": "example-company-abc",
"type": "Breach",
"date": "03/2024",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'name': 'Example Company ABC'}],
'data_breach': {'data_exfiltration': True,
'personally_identifiable_information': True,
'type_of_data_compromised': ['financial records',
'customer personal data']},
'date_detected': 'March 2024',
'description': 'In March 2024, Example Company ABC was targeted by a '
'sophisticated ransomware attack that resulted in the '
'encryption of important financial records and the theft of '
"customer personal data. Despite the company's quick response "
'and engagement with cybersecurity professionals, the '
'significant data breach led to a substantial loss of trust '
'among its customer base, resulting in a sharp decline in '
'sales and a stock value drop. The attackers demanded a large '
'sum of money for the decryption key, which the company '
'refused to pay, opting instead to restore its systems from '
'backups where possible. The attack was widely reported in the '
'media, causing further reputational damage.',
'impact': {'brand_reputation_impact': ['substantial loss of trust',
'further reputational damage'],
'data_compromised': ['financial records', 'customer personal data'],
'revenue_loss': ['sharp decline in sales', 'stock value drop']},
'motivation': 'Financial Gain',
'ransomware': {'data_encryption': True,
'data_exfiltration': True,
'ransom_demanded': True},
'response': {'remediation_measures': ['restore systems from backups'],
'third_party_assistance': ['cybersecurity professionals']},
'title': 'Ransomware Attack on Example Company ABC',
'type': 'Ransomware'}