In March 2023, Tech Innovate faced a devastating ransomware attack that encrypted vital data across numerous departments, effectively halting operations. The attackers demanded a significant ransom in cryptocurrency. The company's IT team discovered the breach too late, by which time customer and employee data had been compromised. Despite attempts to recover the data via backups, significant downtime was incurred, leading to financial losses and damage to the company's reputation. An investigation revealed that the attack vector was a phishing email, highlighting a critical need for enhanced cybersecurity training for employees.
Source: https://www.cisco.com/c/en/us/products/security/common-cyberattacks.html
"id": "tec316050624",
"linkid": "tech-innovate",
"type": "Vulnerability",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"