In March 2023, RetailWorld, a leading retailer known for its expansive range of consumer goods, fell victim to a sophisticated cyber attack. The breach was orchestrated through the exploitation of a previously unknown vulnerability in their online payment system, leading to the leak of personal information of over 1,000,000 customers, including names, addresses, and payment details. The attack not only caused substantial financial loss due to the disruption of sales and necessary remediation efforts but also significantly damaged the company's reputation, leading to a loss of trust among its customer base. This event has highlighted the critical need for constant vigilance and regular updates in cybersecurity measures within the retail industry.
Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/
TPRM report: https://scoringcyber.rankiteo.com/company/retailworld
"id": "ret424050724",
"linkid": "retailworld",
"type": "Cyber Attack",
"date": "03/2023",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'customers_affected': '1,000,000',
'industry': 'Retail',
'name': 'RetailWorld',
'type': 'Retailer'}],
'attack_vector': 'Exploitation of vulnerability in online payment system',
'data_breach': {'number_of_records_exposed': '1,000,000',
'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Names',
'Addresses',
'Payment details']},
'date_detected': 'March 2023',
'description': 'In March 2023, RetailWorld, a leading retailer known for its '
'expansive range of consumer goods, fell victim to a '
'sophisticated cyber attack. The breach was orchestrated '
'through the exploitation of a previously unknown '
'vulnerability in their online payment system, leading to the '
'leak of personal information of over 1,000,000 customers, '
'including names, addresses, and payment details. The attack '
'not only caused substantial financial loss due to the '
'disruption of sales and necessary remediation efforts but '
"also significantly damaged the company's reputation, leading "
'to a loss of trust among its customer base. This event has '
'highlighted the critical need for constant vigilance and '
'regular updates in cybersecurity measures within the retail '
'industry.',
'impact': {'brand_reputation_impact': 'Significant damage',
'data_compromised': ['Names', 'Addresses', 'Payment details'],
'operational_impact': 'Disruption of sales',
'payment_information_risk': 'High',
'systems_affected': 'Online payment system'},
'initial_access_broker': {'entry_point': 'Online payment system'},
'lessons_learned': 'Constant vigilance and regular updates in cybersecurity '
'measures are critical',
'post_incident_analysis': {'root_causes': 'Previously unknown vulnerability '
'in online payment system'},
'title': 'RetailWorld Data Breach',
'type': 'Data Breach',
'vulnerability_exploited': 'Previously unknown vulnerability'}