Ultratec, Inc.

Ultratec, Inc.

On October 9, 2020, Ultratec, Inc. suffered a data breach caused by hacking, exposing the personal and financial information of 36,020 individuals, including 15 Maine residents. The breach, discovered on November 4, 2020, involved unauthorized access to sensitive data such as financial account numbers, raising significant risks of identity theft and fraud. In response, the company offered identity theft protection services to affected individuals. The incident highlights vulnerabilities in Ultratec’s cybersecurity defenses, leading to potential financial and reputational harm for both the company and the impacted individuals. The exposure of financial details increases the likelihood of fraudulent transactions, while the breach of personal data may result in long-term privacy concerns for those affected. Regulatory scrutiny and potential legal consequences could further compound the company’s challenges following this security failure.

Source: https://www.maine.gov/agviewer/content/ag/985235c7-cb95-4be2-8792-a1252b4f8318/5002b9aa-bb55-4859-a99e-3a76498c4a3a.shtml

TPRM report: https://www.rankiteo.com/company/ultratec-inc

"id": "ult1021090725",
"linkid": "ultratec-inc",
"type": "Cyber Attack",
"date": "10/2020",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'customers_affected': '36,020 (including 15 Maine '
                                              'residents)',
                        'name': 'Ultratec, Inc.',
                        'type': 'Company'}],
 'attack_vector': 'Hacking',
 'customer_advisories': 'Identity theft protection services offered to '
                        'affected individuals',
 'data_breach': {'data_exfiltration': 'Yes (unauthorized access)',
                 'number_of_records_exposed': '36,020',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Personal Information',
                                              'Financial Account Numbers']},
 'date_detected': '2020-11-04',
 'description': 'The Maine Office of the Attorney General reported that '
                'Ultratec, Inc. experienced a data breach due to hacking on '
                'October 9, 2020, affecting 36,020 individuals, including 15 '
                'residents of Maine. The breach was discovered on November 4, '
                '2020, and involved unauthorized access to personal '
                'information, including financial account numbers. Identity '
                'theft protection services were offered to those impacted.',
 'impact': {'data_compromised': ['Personal Information',
                                 'Financial Account Numbers'],
            'identity_theft_risk': 'High (Identity theft protection services '
                                   'offered)',
            'payment_information_risk': 'High (Financial account numbers '
                                        'compromised)'},
 'references': [{'source': 'Maine Office of the Attorney General'}],
 'regulatory_compliance': {'regulatory_notifications': 'Maine Office of the '
                                                       'Attorney General'},
 'response': {'remediation_measures': 'Identity theft protection services '
                                      'offered to affected individuals'},
 'title': 'Ultratec, Inc. Data Breach (2020)',
 'type': 'Data Breach'}
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