In April 2023, TechFirm Inc. faced a severe ransomware attack that encrypted critical data and disrupted operations. The attackers demanded a significant ransom for the decryption keys. Despite efforts to resolve the issue, the breach led to substantial financial losses and operational downtime. Customer data was compromised, including sensitive financial information, which later appeared on dark web marketplaces. The attack's publicity also severely damaged TechFirm Inc.'s reputation, leading to lost trust among its clientele. The attack highlighted significant vulnerabilities in TechFirm Inc.'s cybersecurity measures, emphasizing the need for enhanced security protocols and employee training on phishing and other cyber threats.
Source: https://www.nationalcrimeagency.gov.uk/what-we-do/crime-threats/cyber-crime
"id": "tec314050724",
"linkid": "techfirm-inc",
"type": "Ransomware",
"date": "04/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"