Tech Innovate Inc. faced a severe cybersecurity breach in June 2024 when attackers exploited a vulnerability in their MOVEit file transfer software. This breach resulted in the loss of sensitive customer information, including personal data and financial information. The attack not only compromised the data integrity but also caused significant reputational damage to the company, leading to a loss of customer trust and a noticeable impact on its market value. Immediate measures were taken to secure the data and prevent further incidents, including comprehensive system audits and the implementation of enhanced security protocols.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "tec126050524",
"linkid": "tech-innovate-inc",
"type": "Vulnerability",
"date": "06/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"