TechCorp Inc.

In March 2023, TechCorp Inc. fell victim to a sophisticated ransomware attack by the threat group 'PhantomBreach'. The attack encrypted valuable R&D documents and demanded a ransom for their release. Despite efforts to contain the attack, sensitive data were exfiltrated, leading to significant operational disruptions. Recovery efforts were initiated promptly, but the incident exposed vulnerabilities in the company's cyber defenses, leading to a reevaluation of their security policies. This attack not only caused immediate financial strain due to ransom payments and operational inefficiencies but also harmed the company's reputation, leading to a temporary decline in stock prices.

Source: https://konbriefing.com/en-topics/cyber-attacks.html

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

"id": "tec309050824",
"linkid": "techcorp-inc",
"type": "Breach",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'industry': 'Technology',
                        'name': 'TechCorp Inc.',
                        'type': 'Corporation'}],
 'data_breach': {'data_encryption': 'Valuable R&D documents encrypted',
                 'data_exfiltration': 'Sensitive data exfiltrated',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': 'R&D documents'},
 'date_detected': 'March 2023',
 'description': 'In March 2023, TechCorp Inc. fell victim to a sophisticated '
                "ransomware attack by the threat group 'PhantomBreach'. The "
                'attack encrypted valuable R&D documents and demanded a ransom '
                'for their release. Despite efforts to contain the attack, '
                'sensitive data were exfiltrated, leading to significant '
                'operational disruptions. Recovery efforts were initiated '
                'promptly, but the incident exposed vulnerabilities in the '
                "company's cyber defenses, leading to a reevaluation of their "
                'security policies. This attack not only caused immediate '
                'financial strain due to ransom payments and operational '
                "inefficiencies but also harmed the company's reputation, "
                'leading to a temporary decline in stock prices.',
 'impact': {'brand_reputation_impact': "Harm to company's reputation",
            'data_compromised': 'Sensitive data',
            'financial_loss': 'Significant',
            'operational_impact': 'Significant operational disruptions'},
 'lessons_learned': 'Vulnerabilities in cyber defenses, reevaluation of '
                    'security policies',
 'motivation': 'Financial gain',
 'ransomware': {'data_encryption': 'Yes',
                'data_exfiltration': 'Yes',
                'ransom_demanded': 'Yes',
                'ransom_paid': 'Yes'},
 'response': {'containment_measures': 'Efforts to contain the attack',
              'recovery_measures': 'Recovery efforts initiated promptly'},
 'threat_actor': 'PhantomBreach',
 'title': 'TechCorp Inc. Ransomware Attack by PhantomBreach',
 'type': 'Ransomware'}