TechSolutions Inc. suffered a significant data breach in August 2023, which led to the exposure of sensitive customer data, including names, addresses, and payment information. The breach occurred due to a vulnerability in their network infrastructure that was exploited by cybercriminals. Despite having cybersecurity measures in place, the attackers managed to bypass these protections through a sophisticated phishing attack targeting company employees. The incident led to substantial financial losses, with the company facing legal actions and damaged reputation. Recovery efforts are ongoing, with a focus on enhancing security protocols and ensuring such breaches do not happen in the future.
Source: https://www.cobalt.io/blog/cybersecurity-statistics-2024
TPRM report: https://scoringcyber.rankiteo.com/company/techsolutions-inc
"id": "tec1004050724",
"linkid": "techsolutions-inc",
"type": "Vulnerability",
"date": "08/2023",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'industry': 'Technology',
'name': 'TechSolutions Inc.',
'type': 'Company'}],
'attack_vector': 'Phishing',
'data_breach': {'personally_identifiable_information': ['names', 'addresses'],
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['names',
'addresses',
'payment information']},
'date_detected': 'August 2023',
'description': 'TechSolutions Inc. suffered a significant data breach in '
'August 2023, which led to the exposure of sensitive customer '
'data, including names, addresses, and payment information. '
'The breach occurred due to a vulnerability in their network '
'infrastructure that was exploited by cybercriminals. Despite '
'having cybersecurity measures in place, the attackers managed '
'to bypass these protections through a sophisticated phishing '
'attack targeting company employees. The incident led to '
'substantial financial losses, with the company facing legal '
'actions and damaged reputation. Recovery efforts are ongoing, '
'with a focus on enhancing security protocols and ensuring '
'such breaches do not happen in the future.',
'impact': {'brand_reputation_impact': 'Damaged',
'data_compromised': ['names', 'addresses', 'payment information'],
'financial_loss': 'Substantial',
'legal_liabilities': 'Legal actions',
'payment_information_risk': 'High'},
'post_incident_analysis': {'corrective_actions': ['Enhancing security '
'protocols'],
'root_causes': ['Vulnerability in network '
'infrastructure',
'Phishing attack']},
'recommendations': ['Enhancing security protocols'],
'regulatory_compliance': {'legal_actions': 'Legal actions'},
'response': {'recovery_measures': ['Enhancing security protocols']},
'threat_actor': 'Cybercriminals',
'title': 'TechSolutions Inc. Data Breach',
'type': 'Data Breach',
'vulnerability_exploited': 'Network infrastructure'}