SecureNet Solutions Inc.

SecureNet Solutions Inc.

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

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

"id": "sec431051424",
"linkid": "securenet-solutions-inc",
"type": "Ransomware",
"date": "02/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'industry': 'Cybersecurity',
                        'name': 'SecureNet Solutions Inc.',
                        'type': 'Cybersecurity firm'}],
 'attack_vector': 'Zero-day vulnerability',
 'date_detected': 'February 2023',
 'description': '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.',
 'impact': {'brand_reputation_impact': 'Reputational damage',
            'downtime': '72 hours',
            'operational_impact': 'Significant loss of business',
            'systems_affected': 'Internal documents'},
 'motivation': 'Financial gain',
 'ransomware': {'data_encryption': 'Internal documents',
                'ransom_demanded': 'Substantial'},
 'response': {'communication_strategy': 'Crisis communications to stakeholders',
              'incident_response_plan_activated': 'Yes',
              'law_enforcement_notified': 'Yes'},
 'title': 'Ransomware Attack on SecureNet Solutions Inc.',
 'type': 'Ransomware',
 'vulnerability_exploited': 'Zero-day vulnerability'}
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