TechFinCorp

In March 2023, TechFinCorp, a prominent financial technology company, suffered a significant cyber attack resulting in a major data breach. The attack enabled hackers to compromise the personal and financial information of thousands of customers, causing widespread panic and a loss of trust in the company. The breach escalated to a point where the company's operations were halted, and there was a substantial financial loss due to the containment and remediation efforts, along with regulatory fines and damage to reputation. The severity of the attack was compounded by its timing, occurring during a peak financial period, which maximized the impact on both the company and its clients. The attack is believed to have been carried out by an advanced group of cybercriminals exploiting a previously unknown vulnerability in TechFinCorp’s systems.

Source: https://commercial.allianz.com/news-and-insights/reports/allianz-risk-barometer.html

TPRM report: https://scoringcyber.rankiteo.com/company/techfincorp

"id": "tec430051124",
"linkid": "techfincorp",
"type": "Ransomware",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'customers_affected': 'Thousands',
                        'industry': 'Financial Technology',
                        'name': 'TechFinCorp',
                        'type': 'Company'}],
 'data_breach': {'personally_identifiable_information': 'Yes',
                 'type_of_data_compromised': ['Personal information',
                                              'Financial information']},
 'date_detected': 'March 2023',
 'description': 'In March 2023, TechFinCorp, a prominent financial technology '
                'company, suffered a significant cyber attack resulting in a '
                'major data breach. The attack enabled hackers to compromise '
                'the personal and financial information of thousands of '
                'customers, causing widespread panic and a loss of trust in '
                'the company. The breach escalated to a point where the '
                "company's operations were halted, and there was a substantial "
                'financial loss due to the containment and remediation '
                'efforts, along with regulatory fines and damage to '
                'reputation. The severity of the attack was compounded by its '
                'timing, occurring during a peak financial period, which '
                'maximized the impact on both the company and its clients. The '
                'attack is believed to have been carried out by an advanced '
                'group of cybercriminals exploiting a previously unknown '
                'vulnerability in TechFinCorp’s systems.',
 'impact': {'brand_reputation_impact': 'Damage to reputation',
            'customer_complaints': 'Widespread panic and loss of trust',
            'data_compromised': ['Personal information',
                                 'Financial information'],
            'downtime': 'Yes',
            'financial_loss': 'Substantial',
            'operational_impact': 'Operations halted'},
 'regulatory_compliance': {'fines_imposed': 'Yes'},
 'response': {'containment_measures': 'Yes', 'remediation_measures': 'Yes'},
 'threat_actor': 'Advanced group of cybercriminals',
 'title': 'TechFinCorp Data Breach',
 'type': 'Data Breach',
 'vulnerability_exploited': 'Previously unknown vulnerability'}