In May 2024, ExampleCorp faced a severe ransomware attack that encrypted critical company data and demanded a substantial ransom for its release. Despite efforts to mitigate the situation, the breach resulted in significant operational disruptions, leading to a temporary halt in production and service delivery. The attackers, identified as the 'CyberPhantoms', exploited a known vulnerability that had not been patched in time. The financial implications were immediate, with estimated losses around $5 million, not including reputational damage and potential future business impacts. The company is currently working with cybersecurity professionals to recover the encrypted data and bolster their security measures to prevent future attacks.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "exa805050624",
"linkid": "examplecorp",
"type": "Breach",
"date": "05/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"