In March 2023, Example Company was hit by a sophisticated cyber-attack, identified as a severe ransomware incident. Notably, this was not just an ordinary attack; it jeopardized sensitive customer data and internal communications. The attackers demanded a large ransom, threatening to leak the company’s confidential data publicly. Prompt action was required to mitigate the damage, involving significant IT and cybersecurity efforts. The financial repercussions were substantial, affecting the company's revenue stream and incurring additional costs in cybersecurity measures to prevent future attacks. This event highlighted the vital importance of robust digital defenses in today's interconnected world.
Source: https://commercial.allianz.com/news-and-insights/reports/allianz-risk-barometer.html
"id": "exa904050724",
"linkid": "example-company",
"type": "Breach",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"