In March 2024, TechGlobal Inc., a leading provider of cloud storage solutions, fell victim to a sophisticated ransomware attack by an unidentified hacker group. The attackers exploited a previously unknown vulnerability in the company's file-transfer software, leading to the encryption of critical data and disruption of services for thousands of customers worldwide. Despite efforts to restore services from backups, the company faced significant operational delays. Further, the attackers demanded a substantial ransom in cryptocurrency for the decryption key. TechGlobal Inc.'s decision not to pay the ransom, citing law enforcement advice and company policy, prolonged the service restoration process. This incident underscores the growing threat of ransomware attacks and highlights the importance of robust cybersecurity measures and quick incident response strategies to mitigate potential impacts.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "tec735042824",
"linkid": "techglobal-inc",
"type": "Vulnerability",
"date": "04/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"