In early 2024, FictionalTech International fell victim to a sophisticated ransomware attack carried out by an unknown group. The attackers exploited a previously unknown vulnerability in MOVEit, a popular file transfer software, to infiltrate the company's network. Despite prompt actions, the breach resulted in the encryption of crucial data, including proprietary technologies and customer information. Efforts to restore the affected systems from backups are ongoing, but the disruption has significantly impacted the company's operations, causing delays in service delivery and a noticeable dip in customer trust. The financial implications are severe, with estimated losses running into millions, including ransom demands, system restoration costs, and loss of business.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "fic603050824",
"linkid": "fictionaltech-international",
"type": "Breach",
"date": "05/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"