Tech Innovate Inc.

Tech Innovate Inc.

In September 2022, Tech Innovate Inc., a leading software development company, experienced a severe data breach, impacting its internal employee data. An unidentified cyber group exploited a vulnerability in the company’s network, resulting in the loss of sensitive information, including personal identification and financial details of current and former employees. The breach was discovered during a routine security audit, and the company swiftly took steps to mitigate the impact, including notifying affected individuals and enhancing their cybersecurity measures. This incident has raised concerns over the company’s data protection capabilities and has prompted a thorough investigation to prevent future occurrences.

Source: https://cybersecurityventures.com/ransomware-report/

TPRM report: https://scoringcyber.rankiteo.com/company/tech-innovate-inc

"id": "tec1012050724",
"linkid": "tech-innovate-inc",
"type": "Ransomware",
"date": "09/2022",
"severity": "85",
"impact": "3",
"explanation": "Attack with significant impact with internal employee data leaks"
{'affected_entities': [{'industry': 'Software Development',
                        'name': 'Tech Innovate Inc.',
                        'type': 'Company'}],
 'data_breach': {'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal identification',
                                              'Financial details']},
 'date_detected': 'September 2022',
 'description': 'In September 2022, Tech Innovate Inc., a leading software '
                'development company, experienced a severe data breach, '
                'impacting its internal employee data. An unidentified cyber '
                'group exploited a vulnerability in the company’s network, '
                'resulting in the loss of sensitive information, including '
                'personal identification and financial details of current and '
                'former employees. The breach was discovered during a routine '
                'security audit, and the company swiftly took steps to '
                'mitigate the impact, including notifying affected individuals '
                'and enhancing their cybersecurity measures. This incident has '
                'raised concerns over the company’s data protection '
                'capabilities and has prompted a thorough investigation to '
                'prevent future occurrences.',
 'impact': {'brand_reputation_impact': 'Concerns over data protection '
                                       'capabilities',
            'data_compromised': ['Personal identification',
                                 'Financial details']},
 'investigation_status': 'Ongoing',
 'lessons_learned': 'Enhance data protection capabilities',
 'post_incident_analysis': {'corrective_actions': 'Enhancing cybersecurity '
                                                  'measures',
                            'root_causes': 'Vulnerability in the network'},
 'response': {'communication_strategy': 'Notifying affected individuals',
              'containment_measures': 'Enhancing cybersecurity measures'},
 'threat_actor': 'Unidentified cyber group',
 'title': 'Tech Innovate Inc. Data Breach',
 'type': 'Data Breach',
 'vulnerability_exploited': 'Vulnerability in the network'}
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