TechSafeguard Inc.

TechSafeguard Inc.

TechSafeguard Inc., a leading cybersecurity firm, faced a significant data breach in March 2023, impacting customer and employee data. A vulnerability in their software was exploited by cybercriminals, leading to the leak of personal information, including names, addresses, and financial details of thousands of clients and staff. The breach not only put individuals at risk of identity theft and financial fraud but also severely tarnished TechSafeguard's reputation. Despite prompt action to secure their systems and assist affected individuals, the company suffered substantial financial loss and a decrease in consumer trust. The incident highlights the critical need for robust cybersecurity measures and ongoing vigilance in protecting against sophisticated cyber threats.

Source: https://www.nationalcrimeagency.gov.uk/what-we-do/crime-threats/cyber-crime

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

"id": "tec301050724",
"linkid": "techsafeguard-inc",
"type": "Vulnerability",
"date": "03/2023",
"severity": "100",
"impact": "",
"explanation": "Attack with significant impact with customers and internal employee data leaks"
{'affected_entities': [{'customers_affected': 'Thousands',
                        'industry': 'Cybersecurity',
                        'name': 'TechSafeguard Inc.',
                        'type': 'Cybersecurity Firm'}],
 'attack_vector': 'Software Vulnerability Exploit',
 'data_breach': {'data_exfiltration': 'Yes',
                 'number_of_records_exposed': 'Thousands',
                 'personally_identifiable_information': 'Names, Addresses, '
                                                        'Financial Details',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': 'Personal Information'},
 'date_detected': '2023-03-01',
 'description': 'A significant data breach occurred at TechSafeguard Inc. in '
                'March 2023, affecting customer and employee data. '
                'Cybercriminals exploited a vulnerability in their software, '
                'leading to the leak of personal information, including names, '
                'addresses, and financial details of thousands of clients and '
                'staff.',
 'impact': {'brand_reputation_impact': 'Severely Tarnished',
            'data_compromised': 'Personal Information (names, addresses, '
                                'financial details)',
            'financial_loss': 'Substantial',
            'identity_theft_risk': 'High',
            'payment_information_risk': 'High'},
 'lessons_learned': 'Robust cybersecurity measures and ongoing vigilance are '
                    'critical',
 'motivation': 'Data Theft',
 'post_incident_analysis': {'root_causes': 'Software Vulnerability'},
 'response': {'communication_strategy': 'Assist affected individuals',
              'containment_measures': 'Prompt action to secure their systems'},
 'threat_actor': 'Cybercriminals',
 'title': 'TechSafeguard Data Breach',
 'type': 'Data Breach',
 'vulnerability_exploited': 'Software Vulnerability'}
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