In February 2023, SecureNet Solutions Inc., a cybersecurity firm, suffered a critical Ransomware attack that encrypted their internal documents and demanded a substantial ransom. The attack bypassed their threat detection systems and exploited a zero-day vulnerability in their software. While no customer data was stolen or leaked, the company's operations were halted for 72 hours, leading to a significant loss of business and reputational damage. The attackers threatened to release sensitive corporate data if the ransom was not paid. SecureNet Solutions had to deploy their incident response team and notify relevant authorities while managing crisis communications to stakeholders.
Source: https://iclg.com/practice-areas/cybersecurity-laws-and-regulations/germany
"id": "sec431051424",
"linkid": "securenet-solutions-inc",
"type": "Ransomware",
"date": "02/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"