In August 2024, Tech Innovations Inc. suffered a significant data breach when hackers exploited a vulnerability in their network. This attack led to the exfiltration of sensitive data pertaining to over 10,000 customers, including personal information and credit card details. The breach was a result of an advanced malware infection that bypassed traditional security measures. The attack not only compromised customer trust but also resulted in substantial financial losses due to reparative actions and legal complications. The incident prompted a comprehensive overhaul of the company's cybersecurity policies and systems to prevent future breaches.
Source: https://www.cobalt.io/blog/cybersecurity-statistics-2024
TPRM report: https://scoringcyber.rankiteo.com/company/tech-innovations-inc
"id": "tec706050624",
"linkid": "tech-innovations-inc",
"type": "Cyber Attack",
"date": "08/2024",
"severity": "85",
"impact": "",
"explanation": "Attack with significant impact with customers data leaks."{'affected_entities': [{'customers_affected': 10000,
'industry': 'Technology',
'name': 'Tech Innovations Inc.',
'type': 'Company'}],
'attack_vector': 'Malware Infection',
'data_breach': {'data_exfiltration': 'yes',
'number_of_records_exposed': 10000,
'personally_identifiable_information': 'yes',
'sensitivity_of_data': 'sensitive',
'type_of_data_compromised': 'personal information, credit '
'card details'},
'description': 'In August 2024, Tech Innovations Inc. suffered a significant '
'data breach when hackers exploited a vulnerability in their '
'network. This attack led to the exfiltration of sensitive '
'data pertaining to over 10,000 customers, including personal '
'information and credit card details. The breach was a result '
'of an advanced malware infection that bypassed traditional '
'security measures. The attack not only compromised customer '
'trust but also resulted in substantial financial losses due '
'to reparative actions and legal complications. The incident '
"prompted a comprehensive overhaul of the company's "
'cybersecurity policies and systems to prevent future '
'breaches.',
'impact': {'brand_reputation_impact': 'compromised customer trust',
'data_compromised': 'sensitive data, personal information, credit '
'card details',
'financial_loss': 'substantial',
'legal_liabilities': 'legal complications',
'payment_information_risk': 'credit card details compromised'},
'post_incident_analysis': {'corrective_actions': 'comprehensive overhaul of '
"the company's cybersecurity "
'policies and systems',
'root_causes': 'advanced malware infection'},
'regulatory_compliance': {'legal_actions': 'legal complications'},
'response': {'remediation_measures': "comprehensive overhaul of the company's "
'cybersecurity policies and systems'},
'title': 'Tech Innovations Inc. Data Breach',
'type': 'Data Breach'}