TechSafeguard Inc.

In April 2023, TechSafeguard Inc. fell victim to a sophisticated ransomware attack that encrypted vital customer service data and demanded a hefty ransom for the decryption key. The attack exploited a known vulnerability that had not yet been patched, leading to significant operational disruptions. Customer data was not directly stolen, but the inability to access critical data led to service downtime, impacting customer trust and resulting in financial losses due to halted operations and the costs associated with remediation efforts. The incident highlighted the need for rigorous cybersecurity measures, including regular software updates and employee training on the importance of cybersecurity.

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

"id": "tec1007050724",
"linkid": "techsafeguard-inc",
"type": "Vulnerability",
"date": "04/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"