Incident Score: Analysis & Impact (CLO1764735412)
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Rankiteo Score Impact Analysis
Key Highlights From The Incident Analysis
- Timeline of CloudSpace Technologies'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 CloudSpace Technologies 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 CloudSpace Technologies breach identified under incident ID CLO1764735412.
The analysis begins with a detailed overview of CloudSpace Technologies's information like the linkedin page: https://www.linkedin.com/company/cloudspace-technologies-ltd, the number of followers: 158, the industry type: IT Services and IT Consulting and the number of employees: 9 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 750 and after the incident was 688 with a difference of -62 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 CloudSpace Technologies and their customers.
On 01 October 2025, a cybersecurity incident called "Surge in Cyber Threats Targeting Nigerian Entities in Q3 2025" came to light.
Nigeria experienced a 1,047% increase in data breaches in Q3 2025, with an average of 6,101 attacks per week.
The disruption is felt across the environment, and exposing True.
Formal response steps have not been shared publicly yet.
The case underscores how Ongoing, teams are taking away lessons such as Attackers are increasingly exploiting identity and trust relationships rather than technical vulnerabilities. Organizations must secure dormant accounts, stale tokens, and overlooked access rights to prevent stealthy intrusions, and recommending next steps like Audit and deactivate dormant service accounts and stale identity tokens, Enforce strict access controls and least-privilege principles and Monitor trust relationships and internal access pathways for suspicious activity.
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 Valid Accounts (T1078) with high confidence (95%), with evidence including exploiting valid credentials, often harvested from previous data leaks, and dormant service accounts, stale identity tokens enabled intruders and Valid Accounts: Cloud Accounts (T1078.004) with high confidence (90%), supported by evidence indicating attackers entering systems using valid credentials in corporate environments. Under the Persistence tactic, the analysis identified Valid Accounts (T1078) with high confidence (90%), supported by evidence indicating dormant service accounts, stale identity tokens enabled intruders to establish persistence and Account Manipulation (T1098) with moderate to high confidence (80%), supported by evidence indicating overlooked access rights enabled stealthy persistence. Under the Credential Access tactic, the analysis identified Compromise Accounts (T1586) with high confidence (90%), supported by evidence indicating valid credentials harvested from previous data leaks or dormant accounts. Under the Defense Evasion tactic, the analysis identified Valid Accounts (T1078) with high confidence (90%), supported by evidence indicating intruders stealthily gained network access without raising suspicion and Use Alternate Authentication Material: Application Access Token (T1550.004) with moderate to high confidence (80%), supported by evidence indicating stale identity tokens enabled stealthy access. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (85%), supported by evidence indicating attackers prepared for large-scale data extraction and Transfer Data to Cloud Account (T1537) with moderate to high confidence (70%), supported by evidence indicating data exfiltration confirmed in high-value fintech institutions. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- CloudSpace Technologies Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/cloudspace-technologies-ltd/incident/CLO1764735412
- CloudSpace Technologies CyberSecurity Rating page: https://www.rankiteo.com/company/cloudspace-technologies-ltd
- CloudSpace Technologies Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/clo1764735412-cloudspace-technologies-breach-december-2025/
- CloudSpace Technologies CyberSecurity Score History: https://www.rankiteo.com/company/cloudspace-technologies-ltd/history
- CloudSpace Technologies CyberSecurity Incident Source: https://guardian.ng/news/cyber-criminals-attack-nigeria-as-breaches-hit-1047-in-q3/
- Rankiteo A.I CyberSecurity Rating methodology: https://www.rankiteo.com/Images/rankiteo_algo.pdf
- Rankiteo TPRM Scoring methodology: https://static.rankiteo.com/model/rankiteo_tprm_methodology.pdf