In April 2023, Tech Innovate, Inc. became a victim of a sophisticated cyber attack attributed to the hacker group known as Cl0p. The attackers exploited vulnerabilities in the company's MOVEit file transfer software, leading to unauthorized access to confidential employee data, including social security numbers, salary information, and personal contact details. The breach was detected by the company's internal security team, who noticed unusual activity in their networks. Despite prompt actions taken to secure the infrastructure and mitigate the damage, the breach had a significant impact on the trust of employees and customers. The company was forced to invest heavily in cybersecurity improvements and legal consultations, further straining their financial resources. The incident was publicly disclosed in May 2023, causing a temporary drop in the company's stock price.
Source: https://konbriefing.com/en-topics/cyber-attacks.html
"id": "tec920050524",
"linkid": "tech-innovate-inc",
"type": "Breach",
"date": "05/2023",
"severity": "85",
"impact": "3",
"explanation": "Attack with significant impact with internal employee data leaks"