In May 2024, TechSolutions Inc. experienced a significant data breach compromising the personal and financial information of over 200,000 customers. This incident was due to a vulnerability in their payment processing system which was exploited by attackers. The breach led to considerable financial losses for the company, eroded customer trust, and attracted regulatory scrutiny, resulting in hefty GDPR fines. The company has since initiated a comprehensive security overhaul, including the implementation of stronger encryption methods, regular security audits, and enhanced employee training on cybersecurity best practices.
Source: https://www.cobalt.io/blog/cybersecurity-statistics-2024
"id": "tec508042824",
"linkid": "techsolutions-inc",
"type": "Cyber Attack",
"date": "06/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"