In March 2024, GlobalTech Innovations fell victim to a sophisticated cyber attack orchestrated by the hacker group known as 'Quantum Core'. The attackers exploited a vulnerability in the company's MOVEit file transfer software, gaining unauthorized access to sensitive customer data, including personal identification numbers and financial information. Following the breach, GlobalTech faced significant reputation damage as news outlets worldwide broadcasted the incident, causing a substantial drop in customer trust and stock prices. Efforts to mitigate the breach's effects included implementing enhanced security measures and offering credit monitoring services to affected customers. Despite these efforts, the company is poised to face long-term challenges in regaining its esteemed market position.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "glo210050624",
"linkid": "globaltech-innovations",
"type": "Breach",
"date": "03/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"