In March 2023, TechGlobal Inc., a multinational technology company, experienced a significant breach in its MOVEit file transfer system. This cyber-attack, attributed to the hacker group Cl0p, led to the leak of sensitive customer data including personal information, credit card details, and confidential corporate documents. The breach not only compromised the privacy of millions of customers worldwide but also inflicted serious reputational damage to the company. Following the attack, TechGlobal Inc. faced substantial financial losses due to customer lawsuits, increased security expenditures, and lost revenue. The incident highlighted the urgent need for improved cyber defense mechanisms and stricter data management protocols within the company to safeguard against future cyber threats.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "tec310050624",
"linkid": "techglobal-inc",
"type": "Breach",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"