TechGlobalCorp experienced a significant cybersecurity breach in May 2024, affecting its internal networks and leading to the leak of sensitive customer data, including personal identification information and financial details. The attack was attributed to a sophisticated malware infiltration that exploited an unpatched vulnerability in MOVEit, a widely used file transfer software. The breach was detected several days after the initial infiltration, by which time extensive data exfiltration had occurred. The incident prompted an immediate response from the company, including notification to affected customers, regulatory reporting, and a comprehensive security overhaul to prevent future breaches. Despite these efforts, the breach significantly impacted the company's reputation, led to financial losses from regulatory fines and remediation efforts, and eroded customer trust.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "tec010050724",
"linkid": "techglobalcorp",
"type": "Vulnerability",
"date": "05/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"