TechSafeguard Inc.

May 8, 2024 1 min read
TechSafeguard Inc.

TechSafeguard Inc., a leading cybersecurity firm, experienced a significant breach in July 2021 when attackers exploited a vulnerability in its network. The breach resulted in a leak of sensitive customer data, including personal identification and financial information of over 10,000 clients. This incident not only posed a risk of financial fraud for affected individuals but also severely impacted the company's reputation. The attack was classified as stemming from a 'Cyber Attack' sub tag with significant customer data impact. TechSafeguard Inc. had to invest heavily in damage control measures, including customer notifications, free credit monitoring services for the affected, and a comprehensive security overhaul to prevent future incidents. The company's stock prices dipped by 15% in the aftermath, reflecting the loss of trust among its clients and investors.

Source: https://purplesec.us/resources/cyber-security-statistics/

"id": "tec710050824",
"linkid": "techsafeguard-inc",
"type": "Vulnerability",
"date": "07/2021",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"

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