In March 2024, TechFuture Ltd., a global leader in innovative cloud solutions, suffered a severe cyber attack attributed to the notorious Cl0p hacking group. Using sophisticated ransomware, the attackers infiltrated TechFuture's MOVEit file transfer software, resulting in the compromise of sensitive data, including proprietary software codes and numerous client records. The attack disrupted operations for weeks, and despite no ransom payment, the company faced significant recovery costs, estimated in the millions, and a tarnished reputation in the industry. TechFuture has since increased its cybersecurity measures, investing heavily in both software and training to prevent future breaches.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "tec905050624",
"linkid": "techfuture-ltd",
"type": "Cyber Attack",
"date": "04/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"