TechInnovate

In May 2023, TechInnovate experienced a significant cyber attack compromising the personal and financial information of over 10,000 customers. An unknown group exploited a vulnerability in the company's file transfer software, leading to widespread data leaks. The attack not only resulted in the loss of sensitive customer data but also caused a temporary shutdown of its online services, impacting operations. The breach raised serious concerns about the company's cybersecurity measures and data protection policies, leading to a loss of customer trust and a significant drop in their stock price. Efforts to mitigate the consequences included engaging a leading cybersecurity firm to overhaul their security infrastructure and providing affected customers with credit monitoring services.

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

TPRM report: https://scoringcyber.rankiteo.com/company/techinnovate

"id": "tec111050724",
"linkid": "techinnovate",
"type": "Ransomware",
"date": "05/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'customers_affected': 'Over 10,000',
                        'name': 'TechInnovate',
                        'type': 'Company'}],
 'attack_vector': 'Vulnerability in file transfer software',
 'data_breach': {'number_of_records_exposed': 'Over 10,000',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': 'Personal and financial '
                                             'information'},
 'date_detected': 'May 2023',
 'description': 'In May 2023, TechInnovate experienced a significant cyber '
                'attack compromising the personal and financial information of '
                'over 10,000 customers. An unknown group exploited a '
                "vulnerability in the company's file transfer software, "
                'leading to widespread data leaks. The attack not only '
                'resulted in the loss of sensitive customer data but also '
                'caused a temporary shutdown of its online services, impacting '
                'operations. The breach raised serious concerns about the '
                "company's cybersecurity measures and data protection "
                'policies, leading to a loss of customer trust and a '
                'significant drop in their stock price. Efforts to mitigate '
                'the consequences included engaging a leading cybersecurity '
                'firm to overhaul their security infrastructure and providing '
                'affected customers with credit monitoring services.',
 'impact': {'brand_reputation_impact': 'Significant drop in stock price',
            'data_compromised': 'Personal and financial information',
            'downtime': 'Temporary shutdown',
            'operational_impact': 'Significant',
            'systems_affected': 'Online services'},
 'response': {'recovery_measures': 'Providing affected customers with credit '
                                   'monitoring services',
              'remediation_measures': 'Overhaul of security infrastructure',
              'third_party_assistance': 'Engaged a leading cybersecurity firm'},
 'threat_actor': 'Unknown group',
 'title': 'TechInnovate Cyber Attack',
 'type': 'Data Breach',
 'vulnerability_exploited': 'File transfer software vulnerability'}