In May 2023, TechSolution Inc., a leading technology service provider, faced a severe ransomware attack. The cybercriminals behind this operation managed to encrypt vital data and demanded a substantial ransom for its release. This attack paralyzed the company's operations, leading to significant downtime and financial losses. The disruption affected numerous clients worldwide, causing substantial reputational damage. The attackers exploited a known vulnerability that the company had failed to patch in time, highlighting the importance of timely cybersecurity practices. Despite efforts to recover the data, TechSolution Inc. experienced profound impacts on its service delivery, with a prolonged recovery period.
Source: https://www.nationalcrimeagency.gov.uk/what-we-do/crime-threats/cyber-crime
"id": "tec908050624",
"linkid": "techsolution-inc",
"type": "Vulnerability",
"date": "05/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"