In April 2023, Tech Innovate Solutions experienced a significant cybersecurity breach when an unidentified group of hackers infiltrated the company's internal networks. Data leaked during the attack included sensitive customer information such as names, addresses, and payment details. Investigations revealed that the breach was made possible due to vulnerabilities in the company’s Bring Your Own Device (BYOD) policy, which allowed employees to use their personal devices for work purposes. The weakness in the security of these personal devices provided an easy entry point for the hackers. The incident not only led to the loss of customers' trust but also put the company at risk of financial penalties due to non-compliance with data protection regulations. This breach highlights the importance of robust cybersecurity measures and regular audits to prevent such attacks.
Source: https://www2.deloitte.com/ch/en/pages/risk/articles/impact-covid-cybersecurity.html
TPRM report: https://scoringcyber.rankiteo.com/company/tech-innovate-solutions
"id": "tec912050624",
"linkid": "tech-innovate-solutions",
"type": "Breach",
"date": "04/2023",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'name': 'Tech Innovate Solutions', 'type': 'Company'}],
'attack_vector': 'BYOD Policy Vulnerability',
'data_breach': {'data_exfiltration': True,
'personally_identifiable_information': True,
'sensitivity_of_data': 'Sensitive',
'type_of_data_compromised': ['Names',
'Addresses',
'Payment details']},
'date_detected': 'April 2023',
'description': 'In April 2023, Tech Innovate Solutions experienced a '
'significant cybersecurity breach when an unidentified group '
"of hackers infiltrated the company's internal networks. Data "
'leaked during the attack included sensitive customer '
'information such as names, addresses, and payment details. '
'Investigations revealed that the breach was made possible due '
'to vulnerabilities in the company’s Bring Your Own Device '
'(BYOD) policy, which allowed employees to use their personal '
'devices for work purposes. The weakness in the security of '
'these personal devices provided an easy entry point for the '
"hackers. The incident not only led to the loss of customers' "
'trust but also put the company at risk of financial penalties '
'due to non-compliance with data protection regulations. This '
'breach highlights the importance of robust cybersecurity '
'measures and regular audits to prevent such attacks.',
'impact': {'brand_reputation_impact': "Loss of customers' trust",
'data_compromised': ['Names', 'Addresses', 'Payment details'],
'legal_liabilities': 'Risk of financial penalties due to '
'non-compliance with data protection '
'regulations',
'payment_information_risk': True},
'initial_access_broker': {'entry_point': 'BYOD Policy Vulnerability'},
'lessons_learned': 'Importance of robust cybersecurity measures and regular '
'audits to prevent such attacks',
'post_incident_analysis': {'root_causes': 'Vulnerabilities in the company’s '
'Bring Your Own Device (BYOD) '
'policy'},
'threat_actor': 'Unidentified group of hackers',
'title': 'Tech Innovate Solutions Data Breach',
'type': 'Data Breach',
'vulnerability_exploited': 'Weak security in personal devices used for work'}