TechSolutions Inc.

TechSolutions Inc.

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/

TPRM report: https://scoringcyber.rankiteo.com/company/techsolutions-inc

"id": "tec558042824",
"linkid": "techsolutions-inc",
"type": "Cyber Attack",
"date": "06/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': 10000,
                        'industry': 'Technology',
                        'name': 'TechSolutions Inc.',
                        'type': 'Company'}],
 'attack_vector': 'Exploiting a known vulnerability',
 'data_breach': {'number_of_records_exposed': 10000,
                 'personally_identifiable_information': True,
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal information',
                                              'Financial information']},
 'date_detected': 'June 2023',
 'description': '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.',
 'impact': {'brand_reputation_impact': 'Tarnished',
            'data_compromised': 'Personal and financial information',
            'financial_loss': 'Substantial',
            'identity_theft_risk': 'High',
            'payment_information_risk': 'High',
            'revenue_loss': 'Substantial'},
 'lessons_learned': 'Importance of regular system updates and robust '
                    'cybersecurity measures',
 'motivation': 'Financial',
 'post_incident_analysis': {'root_causes': 'Known vulnerability not patched '
                                           'timely'},
 'ransomware': {'data_encryption': True, 'ransom_demanded': 'Hefty'},
 'threat_actor': 'Cybercriminals',
 'title': 'TechSolutions Inc. Cyber Attack',
 'type': 'Ransomware',
 'vulnerability_exploited': 'Known vulnerability'}
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