Tech Innovate Inc.

Tech Innovate Inc.

In July 2023, Tech Innovate Inc., a leading provider of digital transformation solutions, experienced a significant cybersecurity breach that compromised the personal and financial information of over 10,000 customers. The breach was orchestrated by a sophisticated group of cybercriminals who exploited a vulnerability in the company's customer service platform. Despite immediate reactionary measures, the attack disrupted the company's operations, leading to a temporary shutdown of its online services. The breach not only resulted in the loss of sensitive customer data but also severely impacted the company's reputation, leading to a marked decline in consumer trust and significant financial losses. The organization is currently working with cybersecurity experts to enhance its security measures and prevent future incidents.

Source: https://cybersecurityventures.com/intrusion-daily-cyber-threat-alert/

TPRM report: https://scoringcyber.rankiteo.com/company/tech-innovate-inc

"id": "tec406050624",
"linkid": "tech-innovate-inc",
"type": "Breach",
"date": "07/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': 'Over 10,000',
                        'industry': 'Digital Transformation Solutions',
                        'name': 'Tech Innovate Inc.',
                        'type': 'Company'}],
 'attack_vector': 'Exploitation of vulnerability in customer service platform',
 'data_breach': {'number_of_records_exposed': 'Over 10,000',
                 'type_of_data_compromised': 'Personal and financial '
                                             'information'},
 'date_detected': 'July 2023',
 'description': 'A significant cybersecurity breach compromised the personal '
                'and financial information of over 10,000 customers, leading '
                'to operational disruptions and reputational damage.',
 'impact': {'brand_reputation_impact': 'Severe decline in consumer trust',
            'data_compromised': 'Personal and financial information of over '
                                '10,000 customers',
            'downtime': 'Temporary shutdown of online services',
            'financial_loss': 'Significant',
            'operational_impact': "Disruption of company's operations",
            'systems_affected': 'Customer service platform'},
 'investigation_status': 'Ongoing',
 'response': {'third_party_assistance': 'Cybersecurity experts'},
 'threat_actor': 'Sophisticated cybercriminal group',
 'title': 'Tech Innovate Inc. Data Breach',
 'type': 'Data Breach'}
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