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
TPRM report: https://scoringcyber.rankiteo.com/company/tech-innovate
"id": "tec007050924",
"linkid": "tech-innovate",
"type": "Breach",
"date": "03/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': 10000,
'industry': 'Software Development',
'name': 'Tech Innovate',
'type': 'Software Development Firm'}],
'attack_vector': 'Email System Vulnerability',
'data_breach': {'number_of_records_exposed': 10000,
'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Personal Information',
'Proprietary Source Code']},
'date_detected': '2024-03-01',
'description': 'A significant breach at Tech Innovate in March 2024, '
'resulting in the exposure of sensitive data including '
'personal information of over 10,000 customers and proprietary '
'source code.',
'impact': {'brand_reputation_impact': 'Severe blow to reputation, share '
'prices dipped by 15%',
'data_compromised': ['Personal Information',
'Proprietary Source Code'],
'financial_loss': 'Millions due to potential lawsuits and lost '
'business',
'legal_liabilities': 'Potential lawsuits'},
'initial_access_broker': {'entry_point': 'Email System Vulnerability'},
'post_incident_analysis': {'root_causes': 'Vulnerability in email system'},
'regulatory_compliance': {'legal_actions': 'Potential lawsuits'},
'threat_actor': 'CyberClash',
'title': 'Tech Innovate Data Breach',
'type': 'Data Breach',
'vulnerability_exploited': 'Email System Vulnerability'}