Rankiteo Logo
Rankiteo
Leader in Cyber Underwriting
Loading...
NEWRankiteo Cyber Underwriting Desktop - Score, price, and bind from your desktop
WindowsmacOSLinux
Download
Analyze » CAPE Asset Management » CAP1764802368

Incident Score: Analysis & Impact (CAP1764802368)

The details regarding individual company incidents & reports gives you full view from every side.

Rankiteo Score Impact Analysis

Rankiteo Incident Impact-139
Company Score Before Incident754 / 1000
Company Score After Incident615 / 1000
Company LinkView CAPE Asset Management Profile
INCIDENT NUMBERCAP1764802368
Type of Cyber IncidentBreach
ATTACK VECTORNA
DATA EXPOSEDNA
INCIDENT DATE31/12/2023
STATUSpublished

Key Highlights From The Incident Analysis

  • Timeline of CAPE Asset Management's Breach and lateral movement inside company's environment.
  • Overview of affected data sets, including SSNs and PHI, and why they materially increase incident severity.
  • How Rankiteo’s incident engine converts technical details into a normalized incident score.
  • How this cyber incident impacts CAPE Asset Management Rankiteo cyber scoring and cyber rating.
  • Rankiteo’s MITRE ATT&CK correlation analysis for this incident, with associated confidence level.

Full Incident Analysis Transcript

In this Rankiteo incident briefing, we review the CAPE Asset Management breach identified under incident ID CAP1764802368.

The analysis begins with a detailed overview of CAPE Asset Management's information like the linkedin page: https://www.linkedin.com/company/capeam, the number of followers: 225, the industry type: Leasing Non-residential Real Estate and the number of employees: 16 employees

After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 754 and after the incident was 615 with a difference of -139 which is could be a good indicator of the severity and impact of the incident.

In the next step of the video, we will analyze in more details the incident and the impact it had on CAPE Asset Management and their customers.

North Carolina Residents recently reported "North Carolina Residents Data Breach Scams 2024", a noteworthy cybersecurity incident.

North Carolina residents lost nearly $29 million to data breach-related scams in 2024, with over 1,800 victims.

The disruption is felt across the environment, plus an estimated financial loss of $28,949,521.

In response, and stakeholders are being briefed through Officials urge stronger identity controls, avoid sharing credentials, and monitor accounts.

The case underscores how teams are taking away lessons such as Stronger identity controls, avoiding sharing credentials, and monitoring accounts are critical to preventing scams, and recommending next steps like Implement stronger identity controls, avoid sharing credentials, and monitor accounts regularly, with advisories going out to stakeholders covering Officials urge stronger identity controls, avoid sharing credentials, and monitor accounts.

Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.

The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.

MITRE ATT&CK® Correlation Analysis

Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Phishing (T1566) with moderate to high confidence (70%), with evidence including data breach-related scams, and 1,800+ victims impacted by scams and Valid Accounts (T1078) with moderate confidence (60%), supported by evidence indicating avoid sharing credentials in recommendations. Under the Credential Access tactic, the analysis identified Unsecured Credentials (T1552) with moderate to high confidence (70%), supported by evidence indicating avoid sharing credentials in recommendations and Brute Force (T1110) with moderate confidence (50%), supported by evidence indicating stronger identity controls urged in response. Under the Exfiltration tactic, the analysis identified Exfiltration Over Alternative Protocol (T1048) with moderate to high confidence (80%), supported by evidence indicating 85% of payments were in cryptocurrency. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with lower confidence (40%), supported by evidence indicating data breach-related scams (implied financial impact) and Financial Theft (T1657) with high confidence (90%), with evidence including $28,949,521 lost to scams, and motivation such as Financial gain. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.

Sources & References