In March 2021, Example Corp suffered a significant cyberattack, classified as a ransomware attack that encrypted their internal systems, demanding a substantial ransom. This incident led to a temporary halt in operations, causing not only direct financial losses from halted operations but also considerable reputational damage. Efforts to handle customer inquiries were overwhelmed, leading to customer dissatisfaction. The attack was notable for its sophistication, using a previously unknown vulnerability. Despite recovery efforts, the attack highlights the critical need for ongoing investments in cyber security measures and the importance of rapid response capabilities.
Source: https://commercial.allianz.com/news-and-insights/reports/allianz-risk-barometer.html
TPRM report: https://scoringcyber.rankiteo.com/company/example-corp
"id": "exa704050624",
"linkid": "example-corp",
"type": "Breach",
"date": "03/2021",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'name': 'Example Corp', 'type': 'Corporation'}],
'attack_vector': 'Unknown',
'data_breach': {'data_encryption': 'Internal systems'},
'date_detected': 'March 2021',
'description': 'In March 2021, Example Corp suffered a significant '
'cyberattack, classified as a ransomware attack that encrypted '
'their internal systems, demanding a substantial ransom. This '
'incident led to a temporary halt in operations, causing not '
'only direct financial losses from halted operations but also '
'considerable reputational damage. Efforts to handle customer '
'inquiries were overwhelmed, leading to customer '
'dissatisfaction. The attack was notable for its '
'sophistication, using a previously unknown vulnerability. '
'Despite recovery efforts, the attack highlights the critical '
'need for ongoing investments in cyber security measures and '
'the importance of rapid response capabilities.',
'impact': {'brand_reputation_impact': 'Considerable reputational damage',
'customer_complaints': 'Customer dissatisfaction',
'downtime': 'Temporary halt in operations',
'financial_loss': 'Direct financial losses from halted operations',
'operational_impact': 'Overwhelmed efforts to handle customer '
'inquiries',
'systems_affected': 'Internal systems'},
'lessons_learned': 'The critical need for ongoing investments in cyber '
'security measures and the importance of rapid response '
'capabilities.',
'motivation': 'Financial gain',
'post_incident_analysis': {'root_causes': 'Previously unknown vulnerability'},
'ransomware': {'data_encryption': 'Internal systems',
'ransom_demanded': 'Substantial'},
'title': 'Ransomware Attack on Example Corp',
'type': 'Ransomware',
'vulnerability_exploited': 'Previously unknown vulnerability'}