In a significant cyber breach, ExampleCorp experienced a ransomware attack compromising sensitive customer data, including personal identification and financial details. The attackers exploited a known vulnerability that had not been patched in time, leading to a widespread system lockdown. Efforts to recover the data without paying the ransom were unsuccessful, and the company faced severe reputational and financial losses. The impact extended beyond the immediate financial implications, as trust in ExampleCorp's security measures was severely undercut, leading to a considerable drop in customer confidence and a subsequent decrease in business.
Source: https://cybersecurityventures.com/ransomware-minute/
"id": "exa622042824",
"linkid": "examplecorp",
"type": "Vulnerability",
"date": "05/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"