In March 2024, Tech Innovate Inc., a leading software development company, fell victim to a sophisticated cyber-attack targeting their proprietary codebase. Attackers exploited a vulnerability in the company's file transfer software, resulting in the unauthorized access and exfiltration of critical intellectual property, including source code for upcoming software releases. The breach was discovered when unusual network activity was detected by their security team, prompting an immediate investigation. The impact of the attack was significant, causing delays in product launches, erosion of customer trust, and a drop in stock prices. The company responded by implementing enhanced security measures, conducting a thorough audit of their systems, and cooperating with law enforcement to trace the perpetrators.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "tec318050624",
"linkid": "tech-innovate-inc",
"type": "Cyber Attack",
"date": "04/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"