Incident Score: Analysis & Impact (EDU1786070092)
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 ECSI, A Global Payments Company'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 ECSI, A Global Payments Company 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 ECSI, A Global Payments Company breach identified under incident ID EDU1786070092.
The analysis begins with a detailed overview of ECSI, A Global Payments Company's information like the linkedin page: https://www.linkedin.com/company/educational-computer-systems-inc, the number of followers: 2076, the industry type: Higher Education and the number of employees: 177 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 771 and after the incident was 572 with a difference of -199 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 ECSI, A Global Payments Company and their customers.
Educational Computer Systems Inc. (ECSI) recently reported "ECSI 2023 Data Breach Settlement", a noteworthy cybersecurity incident.
Educational Computer Systems Inc.
The disruption is felt across the environment, and exposing Personal and financial information, with nearly 2.6 million records at risk, plus an estimated financial loss of $6.5 million.
Formal response steps have not been shared publicly yet.
The case underscores how Settled, with advisories going out to stakeholders covering Affected class members may seek reimbursement of up to $5,000 for documented out-of-pocket expenses related to the breach or opt for a $100 cash payment.
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 failed to adequately protect sensitive data and Valid Accounts (T1078) with moderate confidence (60%), supported by evidence indicating exposed the personal and financial information of nearly 2.6 million individuals. Under the Credential Access tactic, the analysis identified Unsecured Credentials (T1552) with moderate to high confidence (70%), supported by evidence indicating failure to adequately protect sensitive data. Under the Collection tactic, the analysis identified Data from Local System (T1005) with moderate to high confidence (80%), supported by evidence indicating personal and financial information of nearly 2.6 million individuals exposed. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (70%), supported by evidence indicating data breach that exposed the personal and financial information and Transfer Data to Cloud Account (T1537) with moderate confidence (50%), supported by evidence indicating large-scale sensitive information handling by the organization. Under the Impact tactic, the analysis identified Data Destruction (T1485) with lower confidence (40%), supported by evidence indicating attack threatening the organizations existence and Defacement (T1491) with lower confidence (30%), supported by evidence indicating brand reputation impact implied by class-action lawsuit. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- ECSI, A Global Payments Company Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/educational-computer-systems-inc/incident/EDU1786070092
- ECSI, A Global Payments Company CyberSecurity Rating page: https://www.rankiteo.com/company/educational-computer-systems-inc
- ECSI, A Global Payments Company Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/edu1786070092-educational-computer-systems-inc-breach-january-2023/
- ECSI, A Global Payments Company CyberSecurity Score History: https://www.rankiteo.com/company/educational-computer-systems-inc/history
- ECSI, A Global Payments Company CyberSecurity Incident Source: https://news.bloombergtax.com/daily-tax-report-international/educational-computer-systems-6-5-million-breach-deal-gets-nod
- 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