TechGenix Ltd

May 7, 2024 1 min read
TechGenix Ltd

In March 2023, TechGenix Ltd experienced a significant cybersecurity breach when hackers infiltrated their network systems through a previously undetected vulnerability. The attackers deployed malware that encrypted the company's critical data, effectively paralyzing operations and demanding a hefty ransom for data decryption keys. Despite immediate efforts to mitigate the attack, sensitive customer data, including personal identification numbers and financial information, was compromised. The breach not only disrupted TechGenix's operations but also severely impacted its reputation. Analysis later revealed that the lack of a comprehensive cybersecurity strategy and failure to adopt a Zero Trust model contributed to the breach's severity. The company also faced potential legal repercussions due to the compromise of customer data.

Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/

"id": "tec100050724",
"linkid": "techgenix-ltd",
"type": "Cyber Attack",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

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