TechResolve Inc.

TechResolve Inc., a leading provider of cloud storage solutions, experienced a significant cybersecurity event in March 2023, when it fell victim to a sophisticated ransomware attack. The attack encrypted critical customer data and disrupted the company's operations. The hackers demanded a substantial ransom for the decryption keys. This event caused a massive disruption in service for thousands of TechResolve's customers, including several Fortune 500 companies, leading to a loss of trust and significant financial repercussions for the affected businesses. The attackers exploited a known vulnerability that had not yet been patched by TechResolve's IT team. This incident highlights the crucial importance of regular system updates, timely vulnerability patches, and the implementation of robust cybersecurity measures to mitigate the risks associated with ransomware attacks.

Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/

"id": "tec309050724",
"linkid": "techresolve-inc",
"type": "Vulnerability",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"