Incident Score: Analysis & Impact (DEM1783348027)
The details regarding individual company incidents & reports gives you full view from every side.
Rankiteo Score Impact Analysis
Key Highlights From The Incident Analysis
- Timeline of Demant's Cyber Attack 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 Demant 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 Demant breach identified under incident ID DEM1783348027.
The analysis begins with a detailed overview of Demant's information like the linkedin page: https://www.linkedin.com/company/demant, the number of followers: 76891, the industry type: Medical Equipment Manufacturing and the number of employees: 4774 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 787 and after the incident was 738 with a difference of -49 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 Demant and their customers.
Demant recently reported "Demant Cyberattack 2019", a noteworthy cybersecurity incident.
Danish hearing aid manufacturer Demant suffered a severe cyberattack in 2019 that crippled its systems for several weeks, resulting in financial losses of approximately DKK 650 million.
The disruption is felt across the environment, affecting Company-wide systems, plus an estimated financial loss of DKK 650 million.
In response, and began remediation that includes Overhaul of IT security measures.
The case underscores how teams are taking away lessons such as Cybersecurity must be embedded into corporate culture; ongoing employee training is critical to prevent future threats, and recommending next steps like Prioritize cybersecurity training and integrate security measures into corporate culture.
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 Exploit Public-Facing Application (T1190) with moderate confidence (50%), supported by evidence indicating severe cyberattack that crippled its systems for several weeks and Valid Accounts (T1078) with moderate confidence (60%), supported by evidence indicating company-wide systems affected; likely required authenticated access. Under the Execution tactic, the analysis identified User Execution: Malicious File (T1204.002) with lower confidence (40%), supported by evidence indicating attack threatening the organizations existence; no specific vector disclosed. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with moderate to high confidence (70%), supported by evidence indicating systems crippled for several weeks; financial losses of DKK 650 million and Endpoint Denial of Service (T1499) with moderate to high confidence (80%), supported by evidence indicating company-wide systems affected; operational impact described as crippled. Under the Defense Evasion tactic, the analysis identified Indicator Removal (T1070) with moderate confidence (50%), supported by evidence indicating no details on attack vector or threat actor; likely evasion tactics used. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with lower confidence (40%), supported by evidence indicating severe financial impact suggests possible data exfiltration. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- Demant Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/demant/incident/DEM1783348027
- Demant CyberSecurity Rating page: https://www.rankiteo.com/company/demant
- Demant Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/dem1783348027-demant-cyber-attack-january-2019/
- Demant CyberSecurity Score History: https://www.rankiteo.com/company/demant/history
- Demant CyberSecurity Incident Source: https://medwatch.com/News/hearing_health/article19456503.ece
- 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