Tech Innovate Solutions

Tech Innovate Solutions, a leading software development company, experienced a significant cyber attack in April 2024, categorized under the MOVEit breach incident. This attack, executed by the hacker group Cl0p, exploited vulnerabilities in the MOVEit file transfer software, leading to the unauthorized access and exfiltration of sensitive client data. The leaked data included client contact information, project documents, and proprietary codebases, marking a considerable breach of confidentiality and integrity. The company promptly identified and addressed the security loophole, notified affected clients, and bolstered their cybersecurity framework to prevent future incidents. Despite these efforts, the attack had a lasting impact on the company's reputation, leading to loss of client trust and potential financial repercussions in terms of client attrition and legal liabilities.

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

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

"id": "tec907050624",
"linkid": "tech-innovate-solutions",
"type": "Cyber Attack",
"date": "05/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'industry': 'Software Development',
                        'name': 'Tech Innovate Solutions',
                        'type': 'Company'}],
 'attack_vector': 'Vulnerability Exploitation',
 'data_breach': {'data_exfiltration': 'Yes',
                 'personally_identifiable_information': 'client contact '
                                                        'information',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['client contact information',
                                              'project documents',
                                              'proprietary codebases']},
 'date_detected': 'April 2024',
 'description': 'Tech Innovate Solutions experienced a significant cyber '
                'attack exploiting vulnerabilities in the MOVEit file transfer '
                'software, leading to unauthorized access and exfiltration of '
                'sensitive client data.',
 'impact': {'brand_reputation_impact': 'Loss of client trust and potential '
                                       'financial repercussions',
            'data_compromised': ['client contact information',
                                 'project documents',
                                 'proprietary codebases'],
            'operational_impact': 'Loss of client trust and potential '
                                  'financial repercussions'},
 'initial_access_broker': {'entry_point': 'MOVEit file transfer software '
                                          'vulnerabilities'},
 'motivation': 'Data Exfiltration',
 'post_incident_analysis': {'corrective_actions': 'Bolstered their '
                                                  'cybersecurity framework',
                            'root_causes': 'Vulnerabilities in MOVEit file '
                                           'transfer software'},
 'response': {'communication_strategy': 'Notified affected clients',
              'remediation_measures': 'Promptly identified and addressed the '
                                      'security loophole, notified affected '
                                      'clients, and bolstered their '
                                      'cybersecurity framework'},
 'threat_actor': 'Cl0p',
 'title': 'MOVEit Breach Incident at Tech Innovate Solutions',
 'type': 'Data Breach',
 'vulnerability_exploited': 'MOVEit file transfer software vulnerabilities'}