GlobalTech Solutions

In May 2021, GlobalTech Solutions, a multinational technology and digital services firm, faced a severe ransomware attack. Attackers encrypted critical data and demanded a ransom of US$ 20 million. Despite efforts to manage the situation, the company experienced significant operational disruption, including the temporary shutdown of key services and systems. The attack not only halted business operations but also resulted in the loss of crucial data, causing financial damage and shaking customer trust. The incident highlights the growing threat of cyber-attacks, especially ransomware, targeting essential business infrastructure, underscoring the need for enhanced cybersecurity measures and incident response strategies.

Source: https://www.unodc.org/roseap/en/2021/10/cybercrime-ransomware-attacks/story.html

TPRM report: https://scoringcyber.rankiteo.com/company/globaltech-solutions

"id": "glo010050924",
"linkid": "globaltech-solutions",
"type": "Ransomware",
"date": "05/2021",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'industry': 'Technology and Digital Services',
                        'name': 'GlobalTech Solutions',
                        'type': 'Multinational Technology and Digital Services '
                                'Firm'}],
 'data_breach': {'data_encryption': 'Critical Data Encrypted',
                 'type_of_data_compromised': 'Crucial Data'},
 'date_detected': '2021-05-01',
 'description': 'In May 2021, GlobalTech Solutions, a multinational technology '
                'and digital services firm, faced a severe ransomware attack. '
                'Attackers encrypted critical data and demanded a ransom of '
                'US$ 20 million. Despite efforts to manage the situation, the '
                'company experienced significant operational disruption, '
                'including the temporary shutdown of key services and systems. '
                'The attack not only halted business operations but also '
                'resulted in the loss of crucial data, causing financial '
                'damage and shaking customer trust. The incident highlights '
                'the growing threat of cyber-attacks, especially ransomware, '
                'targeting essential business infrastructure, underscoring the '
                'need for enhanced cybersecurity measures and incident '
                'response strategies.',
 'impact': {'brand_reputation_impact': 'Shaking Customer Trust',
            'data_compromised': 'Crucial Data',
            'downtime': 'Temporary Shutdown',
            'financial_loss': 'Significant',
            'operational_impact': 'Significant Operational Disruption',
            'systems_affected': 'Key Services and Systems'},
 'lessons_learned': 'Need for enhanced cybersecurity measures and incident '
                    'response strategies',
 'motivation': 'Financial Gain',
 'ransomware': {'data_encryption': 'Critical Data Encrypted',
                'ransom_demanded': 'US$ 20 million'},
 'title': 'GlobalTech Solutions Ransomware Attack',
 'type': 'Ransomware Attack'}