GlobalTech Innovations

In April 2023, GlobalTech Innovations experienced a devastating cyber-attack classified under 'Ransomware' sub-tag, with severe implications amounting to an 'Attack threatening the organization’s existence.' The perpetrators managed to deploy a sophisticated ransomware strain that bypassed the company's security defenses, leading to the encryption of critical data across several departments. This attack not only halted the company's operations but also resulted in the leakage of sensitive financial and personal data pertaining to thousands of customers and employees. Efforts to recover the encrypted data were initially futile, causing significant downtime and monetary losses estimated in the tens of millions. The incident garnered extensive media coverage, further damaging the company's reputation and trust among its clientele. The severity of the situation was magnified by the attackers' demands for an exorbitant ransom, putting the company in a precarious position concerning negotiating or risking further data exposure.

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

"id": "glo110050524",
"linkid": "globaltech-innovations",
"type": "Cyber Attack",
"date": "04/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"