TechFirm Solutions

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/

TPRM report: https://scoringcyber.rankiteo.com/company/techfirm-solutions

"id": "tec904050724",
"linkid": "techfirm-solutions",
"type": "Breach",
"date": "06/2023",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"

{'affected_entities': [{'name': 'TechFirm Solutions', 'type': 'Company'}],
 'attack_vector': 'Phishing email',
 'data_breach': {'data_encryption': 'Encrypted',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Financial information',
                                              'Personal identification '
                                              'details']},
 'date_detected': 'June 2023',
 'description': '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.',
 'impact': {'data_compromised': ['Financial information',
                                 'Personal identification details'],
            'financial_loss': 'Significant',
            'operational_impact': 'Significant'},
 'initial_access_broker': {'entry_point': 'Phishing email'},
 'motivation': 'Financial gain',
 'ransomware': {'data_encryption': 'Yes', 'ransom_demanded': 'Substantial'},
 'response': {'recovery_measures': ['Backup systems',
                                    'Enhanced cybersecurity measures']},
 'title': 'Ransomware Attack on TechFirm Solutions',
 'type': 'Ransomware'}