TechSolutions Inc., a leading provider of cloud storage solutions, experienced a significant data breach in which personal information of over 100,000 customers was leaked. The breach occurred due to a sophisticated ransomware attack that exploited a newly discovered vulnerability in the company’s data encryption protocols. Despite having robust cybersecurity measures in place, the attackers managed to bypass security layers through a spear-phishing campaign targeted at senior IT staff, leading to the installation of ransomware. The compromised data included customers' names, email addresses, and encrypted passwords. Furthermore, the attackers threatened to release sensitive corporate data unless a ransom was paid. The incident caused widespread concern among TechSolutions' customers and led to a temporary suspension of their online services, resulting in financial losses and significant reputational damage.
Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/
"id": "tec1000050524",
"linkid": "techsolutions-inc",
"type": "Cyber Attack",
"date": "04/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"