In March 2024, TechSolution Innovations Inc. suffered a significant cyber attack when a well-organized group of hackers exploited a vulnerability in the company's network. The attackers deployed ransomware across the company's internal systems, encrypting critical data and demanding a substantial ransom for the decryption key. This incident led to the halt of production lines and caused a severe disruption in the company's services, affecting both their financial standing and client trust. The attack was publicized in the media, leading to reputational damage and loss of shareholder confidence. The company's IT staff managed to partially mitigate the effects of the attack, but the recovery process was expected to be costly and protracted.
Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/
"id": "tec421051124",
"linkid": "techsolution-innovations-inc",
"type": "Breach",
"date": "03/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"