GlobalTech Inc.

In July 2024, GlobalTech Inc., a leading technology solutions provider, fell victim to a sophisticated cyber attack targeting their MOVEit file transfer software. The breach resulted in the unauthorized access and export of sensitive data, including proprietary technology designs and customer information. The incident was a part of a larger campaign by the Clop ransomware group, aiming to exploit vulnerabilities in the widely used MOVEit software across various sectors. Despite swift action to contain the breach and secure their systems, GlobalTech Inc. faced significant reputational and financial impacts. The breach not only undermined client trust but also led to a temporary halt in operations, causing a substantial loss in revenue. Furthermore, the leaked proprietary information has put GlobalTech at a competitive disadvantage in the market.

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

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

"id": "glo701050824",
"linkid": "globaltech-inc",
"type": "Cyber Attack",
"date": "07/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'industry': 'Technology',
                        'name': 'GlobalTech Inc.',
                        'type': 'Technology solutions provider'}],
 'attack_vector': 'Exploitation of MOVEit file transfer software '
                  'vulnerabilities',
 'data_breach': {'data_exfiltration': 'Sensitive data exported',
                 'type_of_data_compromised': ['proprietary technology designs',
                                              'customer information']},
 'date_detected': 'July 2024',
 'description': 'In July 2024, GlobalTech Inc., a leading technology solutions '
                'provider, fell victim to a sophisticated cyber attack '
                'targeting their MOVEit file transfer software. The breach '
                'resulted in the unauthorized access and export of sensitive '
                'data, including proprietary technology designs and customer '
                'information. The incident was a part of a larger campaign by '
                'the Clop ransomware group, aiming to exploit vulnerabilities '
                'in the widely used MOVEit software across various sectors. '
                'Despite swift action to contain the breach and secure their '
                'systems, GlobalTech Inc. faced significant reputational and '
                'financial impacts. The breach not only undermined client '
                'trust but also led to a temporary halt in operations, causing '
                'a substantial loss in revenue. Furthermore, the leaked '
                'proprietary information has put GlobalTech at a competitive '
                'disadvantage in the market.',
 'impact': {'brand_reputation_impact': 'Significant reputational impacts',
            'data_compromised': ['proprietary technology designs',
                                 'customer information'],
            'operational_impact': 'Temporary halt in operations',
            'revenue_loss': 'Substantial'},
 'initial_access_broker': {'entry_point': 'MOVEit file transfer software '
                                          'vulnerabilities'},
 'motivation': 'Exploitation of vulnerabilities in widely used software',
 'ransomware': {'ransomware_strain': 'Clop'},
 'response': {'containment_measures': 'Swift action to contain the breach and '
                                      'secure their systems'},
 'threat_actor': 'Clop ransomware group',
 'title': 'GlobalTech Inc. MOVEit File Transfer Software Breach',
 'type': 'Data Breach, Ransomware',
 'vulnerability_exploited': 'MOVEit file transfer software vulnerabilities'}