TechSolutions Inc. fell victim to a significant cyber attack in June 2023, compromising the personal and financial information of over 10,000 customers. Utilizing sophisticated ransomware, cybercriminals encrypted critical data and demanded a hefty ransom for decryption keys. The breach not only put customers at risk of identity theft and fraud but also tarnished the company's reputation and led to substantial financial losses through direct damages and lost business. The attack exploited a known vulnerability that had not been patched timely, underscoring the importance of regular system updates and robust cybersecurity measures.
Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/
"id": "tec558042824",
"linkid": "techsolutions-inc",
"type": "Cyber Attack",
"date": "06/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"