TechInnovations Inc.

TechInnovations Inc., a leading software development company, faced a severe cyber attack in June 2023, which resulted in the significant loss of critical customer data. The attackers exploited a vulnerability in the company's MOVEit file transfer software, leading to unauthorized access to sensitive information, including personal identification numbers, email addresses, and financial information of over 200,000 customers worldwide. This breach not only compromised users' privacy but also put them at risk of financial fraud and identity theft. The attack's impact extended beyond the immediate data loss, severely damaging TechInnovations Inc.'s reputation and customer trust, resulting in a steep decline in their stock prices and loss of major clients.

Source: https://konbriefing.com/en-topics/cyber-attacks.html

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

"id": "tec000050924",
"linkid": "techinnovations-inc",
"type": "Cyber Attack",
"date": "06/2023",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"

{'affected_entities': [{'customers_affected': '200,000',
                        'industry': 'Technology',
                        'name': 'TechInnovations Inc.',
                        'type': 'Software Development Company'}],
 'attack_vector': 'Vulnerability Exploitation',
 'data_breach': {'number_of_records_exposed': '200,000',
                 'personally_identifiable_information': ['personal '
                                                         'identification '
                                                         'numbers',
                                                         'email addresses'],
                 'sensitivity_of_data': 'high',
                 'type_of_data_compromised': ['personal identification numbers',
                                              'email addresses',
                                              'financial information']},
 'date_detected': 'June 2023',
 'description': 'TechInnovations Inc., a leading software development company, '
                'faced a severe cyber attack in June 2023, which resulted in '
                'the significant loss of critical customer data. The attackers '
                "exploited a vulnerability in the company's MOVEit file "
                'transfer software, leading to unauthorized access to '
                'sensitive information, including personal identification '
                'numbers, email addresses, and financial information of over '
                '200,000 customers worldwide. This breach not only compromised '
                "users' privacy but also put them at risk of financial fraud "
                "and identity theft. The attack's impact extended beyond the "
                "immediate data loss, severely damaging TechInnovations Inc.'s "
                'reputation and customer trust, resulting in a steep decline '
                'in their stock prices and loss of major clients.',
 'impact': {'brand_reputation_impact': 'severe decline in stock prices and '
                                       'loss of major clients',
            'data_compromised': ['personal identification numbers',
                                 'email addresses',
                                 'financial information'],
            'identity_theft_risk': 'high',
            'payment_information_risk': 'high'},
 'initial_access_broker': {'entry_point': 'MOVEit file transfer software'},
 'title': 'TechInnovations Inc. Data Breach',
 'type': 'Data Breach',
 'vulnerability_exploited': 'MOVEit file transfer software'}