In June 2023, TechFirm Solutions fell victim to a sophisticated ransomware attack that significantly impacted its operations. The attack was initiated through a phishing email received by a senior executive, which, once clicked, deployed malware across the company's network. Sensitive customer data, including financial information and personal identification details, were encrypted, leading to widespread concern among clients and stakeholders. The attackers demanded a substantial ransom payment for the decryption of data. Despite efforts to resolve the issue through backup systems, some data could not be fully recovered, and the company faced significant financial losses, not only from the disrupted operations but also from the cost of enhancing cybersecurity measures post-attack.
Source: https://www.crowdstrike.com/cybersecurity-101/cyberattacks/most-common-types-of-cyberattacks/
"id": "tec904050724",
"linkid": "techfirm-solutions",
"type": "Breach",
"date": "06/2023",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"