TechSolutions Inc., a leading provider of advanced networking solutions, faced a significant data breach in July 2024, affecting thousands of its customers worldwide. The breach was orchestrated through a sophisticated cyber-attack exploiting a previously unknown vulnerability in the company's MOVEit file transfer software. Personal and financial information of its users was leaked, including names, addresses, payment information, and confidential business data. The intrusion was detected late, allowing the attackers ample time to exfiltrate vast amounts of sensitive data. The breach not only put the privacy of individuals at risk but also exposed proprietary business information, leading to a substantial financial loss and a significant dip in consumer trust. The company is currently under investigation for its security practices, and its reputation has severely suffered as a result of the incident.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "tec205050624",
"linkid": "techsolutions-inc",
"type": "Vulnerability",
"date": "08/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"