Tech Innovations Corp

Tech Innovations Corp

In March 2024, Tech Innovations Corp was hit by a sophisticated cyber attack. The attack, carried out using ransomware, led to significant operational disruptions. Sensitive customer data, including names, addresses, and credit card information, was compromised. The breach was part of a larger campaign targeting companies that use MOVEit file transfer software. The attack's severity has raised concerns about the security practices at Tech Innovations, leading to a temporary decline in customer trust and a drop in stock prices. The company is currently working with cybersecurity experts to strengthen its defenses and prevent future incidents.

Source: https://konbriefing.com/en-topics/cyber-attacks.html

TPRM report: https://scoringcyber.rankiteo.com/company/tech-innovations-corp

"id": "tec106050524",
"linkid": "tech-innovations-corp",
"type": "Breach",
"date": "03/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'industry': 'Technology',
                        'name': 'Tech Innovations Corp',
                        'type': 'Company'}],
 'attack_vector': 'MOVEit file transfer software',
 'data_breach': {'personally_identifiable_information': ['names', 'addresses'],
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personally Identifiable '
                                              'Information',
                                              'Payment Information']},
 'date_detected': 'March 2024',
 'description': 'In March 2024, Tech Innovations Corp was hit by a '
                'sophisticated cyber attack. The attack, carried out using '
                'ransomware, led to significant operational disruptions. '
                'Sensitive customer data, including names, addresses, and '
                'credit card information, was compromised. The breach was part '
                'of a larger campaign targeting companies that use MOVEit file '
                "transfer software. The attack's severity has raised concerns "
                'about the security practices at Tech Innovations, leading to '
                'a temporary decline in customer trust and a drop in stock '
                'prices. The company is currently working with cybersecurity '
                'experts to strengthen its defenses and prevent future '
                'incidents.',
 'impact': {'brand_reputation_impact': 'Temporary decline in customer trust',
            'data_compromised': ['names',
                                 'addresses',
                                 'credit card information'],
            'operational_impact': 'Significant operational disruptions'},
 'initial_access_broker': {'entry_point': 'MOVEit file transfer software'},
 'investigation_status': 'Ongoing',
 'motivation': 'Financial',
 'response': {'third_party_assistance': ['Cybersecurity experts']},
 'title': 'Ransomware Attack on Tech Innovations Corp',
 'type': 'Ransomware'}
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