In March 2023, TechSecure Inc., a leading cybersecurity firm, experienced a significant data breach. Hackers infiltrated the company's secure databases, resulting in the leakage of personal information of over 10,000 of its customers, including names, addresses, and payment details. The breach not only jeopardized the privacy of the customers but also exposed vulnerabilities in the company’s security measures, leading to a questioning of TechSecure's reputation as a cybersecurity leader. The company quickly responded by strengthening its security protocols, notifying affected customers, and offering credit monitoring services. Despite these efforts, the breach had a considerable impact on customer trust and the company's financial performance, with a noticeable drop in customer retention and new business in the months following the incident.
Source: https://commercial.allianz.com/news-and-insights/reports/allianz-risk-barometer.html
"id": "tec435043024",
"linkid": "techsecure-inc",
"type": "Ransomware",
"date": "03/2023",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"