Tech Innovations Inc.

Tech Innovations Inc.

In May 2024, Tech Innovations Inc. fell victim to a coordinated ransomware attack attributed to the hacker group DarkWebMasters. The attackers exploited a vulnerability within the company's MOVEit file transfer system, leading to a significant data breach. Personal information of over 10,000 customers, including names, addresses, and credit card details, was compromised. The attack disrupted the company’s operations for several days, resulting in substantial financial losses and damage to its reputation. Efforts to mitigate the consequences included extensive system audits, enhanced security measures, and notifications to affected individuals, with a promise of credit monitoring services.

Source: https://konbriefing.com/en-topics/cyber-attacks.html

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

"id": "tec805050624",
"linkid": "tech-innovations-inc",
"type": "Ransomware",
"date": "05/2024",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'customers_affected': 'Over 10,000',
                        'name': 'Tech Innovations Inc.',
                        'type': 'Company'}],
 'attack_vector': 'Exploited vulnerability in MOVEit file transfer system',
 'data_breach': {'number_of_records_exposed': 'Over 10,000',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Names',
                                              'Addresses',
                                              'Credit card details']},
 'date_detected': 'May 2024',
 'description': 'In May 2024, Tech Innovations Inc. fell victim to a '
                'coordinated ransomware attack attributed to the hacker group '
                'DarkWebMasters. The attackers exploited a vulnerability '
                "within the company's MOVEit file transfer system, leading to "
                'a significant data breach. Personal information of over '
                '10,000 customers, including names, addresses, and credit card '
                'details, was compromised. The attack disrupted the company’s '
                'operations for several days, resulting in substantial '
                'financial losses and damage to its reputation. Efforts to '
                'mitigate the consequences included extensive system audits, '
                'enhanced security measures, and notifications to affected '
                'individuals, with a promise of credit monitoring services.',
 'impact': {'brand_reputation_impact': 'Damage to reputation',
            'data_compromised': 'Personal information of over 10,000 customers',
            'downtime': 'Several days',
            'financial_loss': 'Substantial',
            'operational_impact': 'Significant disruption',
            'systems_affected': 'MOVEit file transfer system'},
 'response': {'communication_strategy': 'Notifications to affected '
                                        'individuals, promise of credit '
                                        'monitoring services',
              'remediation_measures': ['Extensive system audits',
                                       'Enhanced security measures']},
 'threat_actor': 'DarkWebMasters',
 'title': 'Ransomware Attack on Tech Innovations Inc.',
 'type': 'Ransomware Attack',
 'vulnerability_exploited': 'MOVEit file transfer system vulnerability'}
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