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

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