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/
TPRM report: https://scoringcyber.rankiteo.com/company/techsafeguard-inc
"id": "tec710050824",
"linkid": "techsafeguard-inc",
"type": "Vulnerability",
"date": "07/2021",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': 10000,
'industry': 'Cybersecurity',
'name': 'TechSafeguard Inc.',
'type': 'Cybersecurity Firm'}],
'customer_advisories': 'Customer notifications',
'data_breach': {'data_exfiltration': True,
'number_of_records_exposed': 10000,
'personally_identifiable_information': True,
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Personal identification',
'Financial information']},
'date_detected': 'July 2021',
'description': '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 company's stock prices dipped by 15% in the "
'aftermath, reflecting the loss of trust among its clients and '
'investors.',
'impact': {'brand_reputation_impact': 'Severe',
'data_compromised': ['Personal identification',
'Financial information'],
'identity_theft_risk': 'High',
'payment_information_risk': 'High'},
'response': {'communication_strategy': 'Customer notifications',
'remediation_measures': ['Customer notifications',
'Free credit monitoring services',
'Comprehensive security overhaul']},
'title': 'TechSafeguard Inc. Data Breach',
'type': 'Cyber Attack',
'vulnerability_exploited': 'Network vulnerability'}