FinSecure Inc.

In March 2023, FinSecure Inc., a leading financial services provider, faced a severe cyber attack. The attack originated from a well-organized group deploying sophisticated ransomware tactics. It led to the encryption of sensitive customer data, financial records, and operational systems, resulting in significant downtime. The company was forced to shut down its main transactional website for 48 hours, which led to a loss of consumer trust and a notable drop in the company's stock price. The attackers demanded a large ransom, and the incident attracted widespread media attention, causing long-term reputational harm.

Source: https://purplesec.us/resources/cyber-security-statistics/

TPRM report: https://scoringcyber.rankiteo.com/company/finsecure-inc

"id": "fin426051124",
"linkid": "finsecure-inc",
"type": "Breach",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'industry': 'Finance',
                        'name': 'FinSecure Inc.',
                        'type': 'Financial Services Provider'}],
 'data_breach': {'data_encryption': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Sensitive customer data',
                                              'Financial records',
                                              'Operational systems']},
 'date_detected': 'March 2023',
 'description': 'In March 2023, FinSecure Inc., a leading financial services '
                'provider, faced a severe cyber attack. The attack originated '
                'from a well-organized group deploying sophisticated '
                'ransomware tactics. It led to the encryption of sensitive '
                'customer data, financial records, and operational systems, '
                'resulting in significant downtime. The company was forced to '
                'shut down its main transactional website for 48 hours, which '
                'led to a loss of consumer trust and a notable drop in the '
                "company's stock price. The attackers demanded a large ransom, "
                'and the incident attracted widespread media attention, '
                'causing long-term reputational harm.',
 'impact': {'brand_reputation_impact': 'Long-term reputational harm',
            'data_compromised': ['Sensitive customer data',
                                 'Financial records',
                                 'Operational systems'],
            'downtime': '48 hours',
            'operational_impact': 'Significant downtime',
            'systems_affected': ['Transactional website']},
 'motivation': 'Financial Gain',
 'ransomware': {'data_encryption': 'Yes', 'ransom_demanded': 'Large'},
 'threat_actor': 'A well-organized group',
 'title': 'FinSecure Inc. Ransomware Attack',
 'type': 'Ransomware Attack'}