TechSecure Inc.

TechSecure Inc.

In May 2023, Tech Innovate Inc., a leading software development company, suffered a significant data breach exposing sensitive customer data including names, email addresses, and credit card information. The breach was attributed to a sophisticated malware attack that exploited an unpatched vulnerability in the company's customer service platform. The impact of the attack was exacerbated by delayed detection, allowing unauthorized access to customer data for over a month. The incident has caused considerable financial and reputational damage to Tech Innovate Inc., with initial estimates of the financial loss exceeding $5 million due to regulatory fines, legal fees, and a drop in customer trust. The company is currently working on enhancing its cybersecurity measures and cooperating with law enforcement to investigate the breach.

Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/

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

"id": "tec701050624",
"linkid": "tech-innovate-inc",
"type": "Vulnerability",
"date": "05/2023",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'industry': 'Software development',
                        'name': 'Tech Innovate Inc.',
                        'type': 'Software development company'}],
 'attack_vector': 'Malware',
 'data_breach': {'personally_identifiable_information': ['names',
                                                         'email addresses'],
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['names',
                                              'email addresses',
                                              'credit card information']},
 'date_detected': 'May 2023',
 'description': 'A significant data breach exposing sensitive customer data '
                'including names, email addresses, and credit card information '
                'due to a sophisticated malware attack exploiting an unpatched '
                'vulnerability.',
 'impact': {'brand_reputation_impact': 'Considerable reputational damage',
            'data_compromised': ['names',
                                 'email addresses',
                                 'credit card information'],
            'financial_loss': '$5 million',
            'legal_liabilities': 'Legal fees',
            'payment_information_risk': 'Credit card information',
            'systems_affected': 'Customer service platform'},
 'investigation_status': 'Ongoing',
 'post_incident_analysis': {'corrective_actions': 'Enhancing cybersecurity '
                                                  'measures',
                            'root_causes': 'Unpatched vulnerability'},
 'regulatory_compliance': {'fines_imposed': 'Regulatory fines'},
 'response': {'law_enforcement_notified': 'Yes',
              'remediation_measures': 'Enhancing cybersecurity measures'},
 'title': 'Tech Innovate Inc. Data Breach',
 'type': 'Data Breach',
 'vulnerability_exploited': 'Unpatched vulnerability in the customer service '
                            'platform'}
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