TechSolutions Inc.

TechSolutions Inc.

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

TPRM report: https://scoringcyber.rankiteo.com/company/techsolutions-inc

"id": "tec205050624",
"linkid": "techsolutions-inc",
"type": "Vulnerability",
"date": "08/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': 'Thousands',
                        'industry': 'Advanced Networking Solutions',
                        'name': 'TechSolutions Inc.',
                        'type': 'Company'}],
 'attack_vector': 'Exploiting a vulnerability in MOVEit file transfer software',
 'data_breach': {'data_exfiltration': 'Yes',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal information',
                                              'Financial information',
                                              'Confidential business data']},
 'description': '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.',
 'impact': {'brand_reputation_impact': 'Significant dip in consumer trust',
            'data_compromised': ['Personal information',
                                 'Financial information',
                                 'Confidential business data'],
            'financial_loss': 'Substantial',
            'legal_liabilities': 'Under investigation for security practices'},
 'initial_access_broker': {'entry_point': 'MOVEit file transfer software'},
 'investigation_status': 'Ongoing',
 'post_incident_analysis': {'root_causes': 'Previously unknown vulnerability '
                                           'in MOVEit file transfer software'},
 'regulatory_compliance': {'legal_actions': 'Under investigation for security '
                                            'practices'},
 'title': 'TechSolutions Inc. Data Breach',
 'type': 'Data Breach',
 'vulnerability_exploited': 'Previously unknown vulnerability in MOVEit file '
                            'transfer software'}
Great! Next, complete checkout for full access to Rankiteo Blog.
Welcome back! You've successfully signed in.
You've successfully subscribed to Rankiteo Blog.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.