In July 2023, TechGlobal Innovations experienced a significant cyber attack that compromised the personal and financial information of millions of its customers worldwide. The breach was orchestrated by sophisticated hackers who exploited a known vulnerability within the company's data storage systems. Despite the company's efforts to secure their networks previously, the attackers were able to bypass these measures due to an unpatched software vulnerability. The incident led to the unauthorized access of sensitive data, including names, addresses, credit card information, and social security numbers. The breach has significantly damaged TechGlobal Innovations' reputation, led to financial losses due to compensatory measures for affected customers, and regulatory fines. The company is now undertaking a comprehensive review of its cybersecurity policies and systems to prevent such incidents in the future.
Source: https://www.state.gov/reports/2023-trafficking-in-persons-report/
"id": "tec113050824",
"linkid": "techglobal-innovations",
"type": "Vulnerability",
"date": "07/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"