Tech Innovate

May 9, 2024 1 min read
Tech Innovate

Tech Innovate, a leading software development firm, faced a significant breach in March 2024. A group known as CyberClash penetrated the company's security defenses, exploiting a vulnerability in their email system. This breach resulted in the exposure of sensitive data including personal information of over 10,000 customers and proprietary source code. This incident has caused a severe blow to Tech Innovate's reputation, with potential financial implications running into millions due to potential lawsuits and lost business. The company's share prices dipped by 15% following the attack, highlighting the severe impact of the breach.

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

"id": "tec007050924",
"linkid": "tech-innovate",
"type": "Breach",
"date": "03/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

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