TechVision Innovations

TechVision Innovations

In May 2024, TechVision Innovations became a victim of a severe cyber attack led by the notorious Clop ransomware group. The attackers exploited a vulnerability in the MOVEit file transfer software, obtaining unauthorized access to sensitive data. The breach resulted in the leak of personal information of thousands of customers and internal employees, including names, addresses, and financial details. The impact was vast, causing significant damage to TechVision's reputation and financial status. The attack prompted immediate action from cybersecurity teams and law enforcement agencies, but the recovery process is expected to be long and challenging, with estimated financial losses running into millions.

Source: https://konbriefing.com/en-topics/cyber-attacks.html

TPRM report: https://scoringcyber.rankiteo.com/company/techvision-innovations

"id": "tec436050724",
"linkid": "techvision-innovations",
"type": "Breach",
"date": "05/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': 'Thousands',
                        'name': 'TechVision Innovations',
                        'type': 'Company'}],
 'attack_vector': 'Exploitation of vulnerability in MOVEit file transfer '
                  'software',
 'data_breach': {'data_exfiltration': 'Yes',
                 'number_of_records_exposed': 'Thousands',
                 'personally_identifiable_information': 'Names, addresses, '
                                                        'financial details',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': 'Personal information'},
 'date_detected': 'May 2024',
 'description': 'In May 2024, TechVision Innovations became a victim of a '
                'severe cyber attack led by the notorious Clop ransomware '
                'group. The attackers exploited a vulnerability in the MOVEit '
                'file transfer software, obtaining unauthorized access to '
                'sensitive data. The breach resulted in the leak of personal '
                'information of thousands of customers and internal employees, '
                'including names, addresses, and financial details. The impact '
                "was vast, causing significant damage to TechVision's "
                'reputation and financial status. The attack prompted '
                'immediate action from cybersecurity teams and law enforcement '
                'agencies, but the recovery process is expected to be long and '
                'challenging, with estimated financial losses running into '
                'millions.',
 'impact': {'brand_reputation_impact': 'Significant damage',
            'data_compromised': 'Personal information of customers and '
                                'employees',
            'financial_loss': 'Millions'},
 'initial_access_broker': {'entry_point': 'MOVEit file transfer software '
                                          'vulnerability'},
 'motivation': 'Financial gain',
 'ransomware': {'data_exfiltration': 'Yes', 'ransomware_strain': 'Clop'},
 'response': {'law_enforcement_notified': 'Yes'},
 'threat_actor': 'Clop ransomware group',
 'title': 'Clop Ransomware Attack on TechVision Innovations',
 'type': 'Ransomware',
 'vulnerability_exploited': 'MOVEit file transfer software vulnerability'}
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