In March 2023, GlobalTech Solutions suffered a massive ransomware attack resulting in the leak of personal customer information. The cybercriminals behind the attack demanded a substantial ransom for the decryption key. Although the company managed to avoid paying the ransom by restoring data from backups, the breach of customer data, including names, email addresses, and payment details, led to a significant loss of trust and reputation. Following the incident, GlobalTech Solutions had to invest heavily in bolstering cybersecurity measures and faced regulatory scrutiny for their data handling practices.
Source: https://www.monroecollege.edu/news/cybersecurity-history-hacking-data-breaches
TPRM report: https://scoringcyber.rankiteo.com/company/globaltech-solutions
"id": "glo345051424",
"linkid": "globaltech-solutions",
"type": "Ransomware",
"date": "03/2023",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'name': 'GlobalTech Solutions',
'type': 'Organization'}],
'data_breach': {'personally_identifiable_information': 'Names, Email '
'Addresses, Payment '
'Details',
'type_of_data_compromised': ['Names',
'Email Addresses',
'Payment Details']},
'date_detected': 'March 2023',
'description': 'In March 2023, GlobalTech Solutions suffered a massive '
'ransomware attack resulting in the leak of personal customer '
'information. The cybercriminals behind the attack demanded a '
'substantial ransom for the decryption key. Although the '
'company managed to avoid paying the ransom by restoring data '
'from backups, the breach of customer data, including names, '
'email addresses, and payment details, led to a significant '
'loss of trust and reputation. Following the incident, '
'GlobalTech Solutions had to invest heavily in bolstering '
'cybersecurity measures and faced regulatory scrutiny for '
'their data handling practices.',
'impact': {'brand_reputation_impact': 'Significant loss of trust and '
'reputation',
'data_compromised': ['Names',
'Email Addresses',
'Payment Details']},
'lessons_learned': 'Need for strong cybersecurity measures and regulatory '
'compliance in data handling practices.',
'motivation': 'Financial',
'ransomware': {'ransom_demanded': 'Substantial', 'ransom_paid': 'No'},
'response': {'recovery_measures': ['Invest heavily in bolstering '
'cybersecurity measures'],
'remediation_measures': ['Restoring data from backups']},
'title': 'GlobalTech Solutions Ransomware Attack',
'type': 'Ransomware Attack'}