In July 2023, SecureTech Innovations faced a devastating Ransomware attack, jeopardizing its critical operations and customer data. The attackers managed to breach the company's defenses through a phishing scam that led to the deployment of ransomware across the company's network. This attack encrypted essential data and demanded a substantial ransom for the decryption key. Despite efforts to mitigate the impact, the company suffered significant financial losses, compromised customer data, and severe damage to its reputation. The incident put a spotlight on the vulnerabilities within SecureTech Innovations' cybersecurity measures and prompted an overhaul of their security protocols to avert future attacks.
Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/
"id": "sec707050824",
"linkid": "securetech-innovations",
"type": "Ransomware",
"date": "07/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"