GlobalTech Inc.

In March 2024, GlobalTech Inc. fell victim to a significant ransomware attack attributed to the Clop group. The attackers exploited vulnerabilities in the MOVEit file transfer software used by the company for secure data exchange. This breach led to the encryption of critical data and service outages. The attackers demanded a ransom to provide the decryption key. For fear of further exploitation and to resume operations, GlobalTech opted to pay the ransom. This event exposed the personal data of millions of users and sensitive corporate information, marking a massive loss of trust and financial damage. The incident sparked a thorough review of the company's cybersecurity policies and the implementation of more robust defenses to prevent future attacks.

Source: https://konbriefing.com/en-topics/cyber-attacks.html

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

"id": "glo204050724",
"linkid": "globaltech-inc",
"type": "Cyber Attack",
"date": "04/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'customers_affected': 'Millions of users',
                        'industry': 'Technology',
                        'name': 'GlobalTech Inc.',
                        'type': 'Company'}],
 'attack_vector': 'Vulnerability Exploitation',
 'data_breach': {'data_encryption': 'Encrypted critical data',
                 'number_of_records_exposed': 'Millions',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal data',
                                              'Sensitive corporate '
                                              'information']},
 'date_detected': 'March 2024',
 'description': 'GlobalTech Inc. experienced a ransomware attack in March 2024 '
                'by the Clop group, exploiting vulnerabilities in MOVEit file '
                'transfer software. The attack encrypted critical data and '
                'caused service outages, leading to the exposure of personal '
                'data of millions of users and sensitive corporate '
                'information. The company paid the ransom to resume operations '
                'and conducted a thorough review of its cybersecurity '
                'policies.',
 'impact': {'brand_reputation_impact': 'Massive loss of trust',
            'data_compromised': ['Personal data of millions of users',
                                 'Sensitive corporate information'],
            'systems_affected': 'Critical data and service outages'},
 'lessons_learned': 'Thorough review of cybersecurity policies and '
                    'implementation of more robust defenses',
 'motivation': 'Financial Gain',
 'ransomware': {'data_encryption': 'Yes',
                'ransom_paid': 'Yes',
                'ransomware_strain': 'Clop'},
 'threat_actor': 'Clop group',
 'title': 'GlobalTech Inc. Ransomware Attack',
 'type': 'Ransomware',
 'vulnerability_exploited': 'MOVEit file transfer software'}