TechGlobal Inc.

In March 2023, TechGlobal Inc., a leading technology firm, fell victim to a sophisticated cyber-attack classified as a ransomware attack. The attack encrypted critical data and demanded a ransom for its release, leading to significant operational disruption. Despite efforts to mitigate the impact, the company experienced prolonged downtime, affecting its services globally. The incident not only resulted in substantial financial losses due to halted operations but also damaged the company's reputation among its customers and stakeholders. The severity of the breach, coupled with the sensitive nature of the compromised data, underscores the growing threat of cyber attacks in the digital age.

Source: https://commercial.allianz.com/news-and-insights/reports/allianz-risk-barometer.html

"id": "tec622042824",
"linkid": "techglobal-inc",
"type": "Ransomware",
"date": "03/2023",
"severity": "100",
"impact": "",
"explanation": ""