TechSolutions Inc.

In March 2024, TechSolutions Inc. faced a severe data breach that resulted from a targeted ransomware attack. The attackers exploited a previously unknown vulnerability in the company's file transfer software, leading to the encryption of critical data and disruption of operations. An estimated 500GB of sensitive customer data, including personal and financial information, were compromised, prompting urgent notifications to affected individuals and regulatory bodies. The breach not only resulted in a significant financial loss due to operational downtime and ransom payments but also damaged the company's reputation, leading to a loss of customer trust and a drop in the share price. The response involved a multi-faceted approach, including strengthening cybersecurity measures, engaging with law enforcement, and providing support to affected customers.

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

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

"id": "tec607050724",
"linkid": "techsolutions-inc",
"type": "Breach",
"date": "05/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'industry': 'Technology',
                        'name': 'TechSolutions Inc.',
                        'type': 'Company'}],
 'attack_vector': 'Exploited vulnerability in file transfer software',
 'data_breach': {'data_encryption': 'Yes',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal information',
                                              'Financial information']},
 'date_detected': 'March 2024',
 'description': 'In March 2024, TechSolutions Inc. faced a severe data breach '
                'that resulted from a targeted ransomware attack. The '
                'attackers exploited a previously unknown vulnerability in the '
                "company's file transfer software, leading to the encryption "
                'of critical data and disruption of operations. An estimated '
                '500GB of sensitive customer data, including personal and '
                'financial information, were compromised, prompting urgent '
                'notifications to affected individuals and regulatory bodies. '
                'The breach not only resulted in a significant financial loss '
                'due to operational downtime and ransom payments but also '
                "damaged the company's reputation, leading to a loss of "
                'customer trust and a drop in the share price. The response '
                'involved a multi-faceted approach, including strengthening '
                'cybersecurity measures, engaging with law enforcement, and '
                'providing support to affected customers.',
 'impact': {'brand_reputation_impact': 'Damaged reputation, loss of customer '
                                       'trust, drop in share price',
            'data_compromised': '500GB of sensitive customer data',
            'downtime': 'Operational downtime',
            'financial_loss': 'Significant',
            'operational_impact': 'Disruption of operations',
            'systems_affected': 'File transfer software'},
 'initial_access_broker': {'entry_point': 'Vulnerability in file transfer '
                                          'software'},
 'motivation': 'Ransom payment and data encryption',
 'post_incident_analysis': {'corrective_actions': 'Strengthening cybersecurity '
                                                  'measures',
                            'root_causes': 'Exploited vulnerability in file '
                                           'transfer software'},
 'ransomware': {'data_encryption': 'Yes',
                'ransom_demanded': 'Yes',
                'ransom_paid': 'Yes'},
 'regulatory_compliance': {'regulatory_notifications': 'Yes'},
 'response': {'communication_strategy': 'Support to affected customers',
              'incident_response_plan_activated': 'Multi-faceted approach',
              'law_enforcement_notified': 'Yes',
              'remediation_measures': 'Strengthening cybersecurity measures'},
 'title': 'TechSolutions Inc. Ransomware Data Breach',
 'type': 'Ransomware',
 'vulnerability_exploited': 'Unknown vulnerability in file transfer software'}