TechFirm Inc.

In March 2024, TechFirm Inc., a leading provider of cloud storage solutions, fell victim to a sophisticated cyber attack attributed to the notorious hacker group PhantomZ. The attackers exploited a previously unknown vulnerability in the firm's MOVEit file transfer software, gaining unauthorized access to the company's internal networks. The breach resulted in the theft of sensitive personal information of over 2,000,000 users, including names, email addresses, and encrypted passwords. Additionally, confidential corporate documents and intellectual property were compromised. The incident was detected by TechFirm Inc.'s internal security team nearly two weeks after the initial breach, by which time substantial data exfiltration had already occurred. The company promptly notified affected users and implemented stringent security measures to prevent further unauthorized access. The attack has since sparked significant concern over the security of cloud storage services and has led to a widespread reevaluation of cyber security practices across the industry.

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

"id": "tec312050724",
"linkid": "techfirm-inc",
"type": "Vulnerability",
"date": "04/2024",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"