SecureTech Innovations

May 7, 2024 1 min read
SecureTech Innovations

In July 2023, SecureTech Innovations experienced a significant cyberattack classified as a 'Ransomware' incident under the Sub Tag category. The attackers managed to infiltrate the company's secured network through a phishing scam, exploiting a known vulnerability that had not yet been patched in SecureTech's software. Upon gaining access, the malicious actors deployed ransomware, encrypting critical customer data and demanding a substantial ransom for decrypt key. This attack not only disrupted SecureTech's operations, causing a temporary shutdown of their main service platform, but also compromised sensitive personal and financial information of over 10,000 customers. The incident has severely impacted SecureTech Innovations' reputation, leading to a loss of trust among its customer base, a decrease in share value, and potential legal repercussions.


"id": "sec607050724",
"linkid": "securetech-innovations",
"type": "Cyber Attack",
"date": "07/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

Join the conversation

Great! Next, complete checkout for full access to Rankiteo Blog.
Welcome back! You've successfully signed in.
You've successfully subscribed to Rankiteo Blog.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.