TechSol Innovations

TechSol Innovations experienced a significant cyber attack in March 2023, when hackers infiltrated their systems using sophisticated ransomware. The attackers exploited an existing vulnerability to deploy malware that encrypted critical data across various departments. The attack had a dual purpose; along with the ransomware encryption, the criminals executed a data leak, exposing sensitive customer and employee information online. The leaked data included personal identification numbers, financial records, and proprietary intellectual property. The consequences of the attack were far-reaching, causing significant operational disruptions, a temporary stoppage of the company's factories, and substantial damage to its reputation. Losses were not only financial, running into millions due to ransom payments and recovery efforts, but also included a long-term loss of trust from both customers and business partners. The severity of this breach has catalyzed a complete overhaul of TechSol's cyber security measures.

Source: https://commercial.allianz.com/news-and-insights/expert-risk-articles/allianz-risk-barometer-2023-cyber-incidents.html

TPRM report: https://scoringcyber.rankiteo.com/company/techsol-innovations

"id": "tec712050624",
"linkid": "techsol-innovations",
"type": "Cyber Attack",
"date": "03/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'name': 'TechSol Innovations', 'type': 'Company'}],
 'attack_vector': 'Exploited vulnerability to deploy malware',
 'data_breach': {'data_encryption': 'Yes',
                 'data_exfiltration': 'Yes',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal identification numbers',
                                              'Financial records',
                                              'Proprietary intellectual '
                                              'property']},
 'date_detected': 'March 2023',
 'description': 'TechSol Innovations experienced a significant cyber attack in '
                'March 2023, when hackers infiltrated their systems using '
                'sophisticated ransomware. The attackers exploited an existing '
                'vulnerability to deploy malware that encrypted critical data '
                'across various departments. The attack had a dual purpose; '
                'along with the ransomware encryption, the criminals executed '
                'a data leak, exposing sensitive customer and employee '
                'information online. The leaked data included personal '
                'identification numbers, financial records, and proprietary '
                'intellectual property. The consequences of the attack were '
                'far-reaching, causing significant operational disruptions, a '
                "temporary stoppage of the company's factories, and "
                'substantial damage to its reputation. Losses were not only '
                'financial, running into millions due to ransom payments and '
                'recovery efforts, but also included a long-term loss of trust '
                'from both customers and business partners. The severity of '
                "this breach has catalyzed a complete overhaul of TechSol's "
                'cyber security measures.',
 'impact': {'brand_reputation_impact': 'Substantial damage',
            'data_compromised': ['Personal identification numbers',
                                 'Financial records',
                                 'Proprietary intellectual property'],
            'downtime': 'Significant operational disruptions',
            'financial_loss': 'Millions',
            'operational_impact': 'Temporary stoppage of factories',
            'systems_affected': 'Various departments'},
 'initial_access_broker': {'entry_point': 'Exploited vulnerability'},
 'motivation': ['Financial', 'Data Leak'],
 'post_incident_analysis': {'corrective_actions': 'Complete overhaul of cyber '
                                                  'security measures'},
 'ransomware': {'data_encryption': 'Yes',
                'data_exfiltration': 'Yes',
                'ransom_paid': 'Millions'},
 'response': {'remediation_measures': 'Complete overhaul of cyber security '
                                      'measures'},
 'title': 'TechSol Innovations Ransomware and Data Leak Attack',
 'type': 'Ransomware and Data Leak'}