Fincantieri Marine Group Breach Incident Score: Analysis & Impact (FIN4992449111325)
The Rankiteo video explains how the company Fincantieri Marine Group has been impacted by a Breach on the date June 16, 2023.
Incident Summary
If the player does not load, you can open the video directly.
Key Highlights From This Incident Analysis
- Timeline of Fincantieri Marine Group'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 Rankiteoโs incident engine converts technical details into a normalized incident score.
- How this cyber incident impacts Fincantieri Marine Group Rankiteo cyber scoring and cyber rating.
- Rankiteoโs MITRE ATT&CK correlation analysis for this incident, with associated confidence level.
Full Incident Analysis Transcript
In this Rankiteo incident briefing, we review the Fincantieri Marine Group breach identified under incident ID FIN4992449111325.
The analysis begins with a detailed overview of Fincantieri Marine Group's information like the linkedin page: https://www.linkedin.com/company/fincantieri-marine-group, the number of followers: 72495, the industry type: Shipbuilding and the number of employees: 767 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 742 and after the incident was 622 with a difference of -120 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 Fincantieri Marine Group and their customers.
Fincantieri Marine Group LLC recently reported "Fincantieri Marine Group LLC Data Breach (2023)", a noteworthy cybersecurity incident.
A shipbuilder utilized by the US Navy and Coast Guard, Fincantieri Marine Group LLC, suffered a cyberattack in 2023 that compromised the data of approximately 16,769 employees and benefits recipients.
The disruption is felt across the environment, and exposing True, with nearly 16,769 records at risk, plus an estimated financial loss of $515,000 (settlement amount).
In response, and began remediation that includes Agreed to adopt certain information security improvements as part of settlement.
The case underscores how Settled (preliminary approval granted).
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.
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 (60%), supported by evidence indicating cyberattack with no ransomware, likely leveraging exposed employee/benefits systems and Valid Accounts (T1078) with moderate to high confidence (70%), supported by evidence indicating employee data and benefits recipient data compromised, suggesting account abuse. Under the Collection tactic, the analysis identified Data from Local System (T1005) with moderate to high confidence (85%), supported by evidence indicating 16,769 employees and benefits recipients records exposed. Under the Exfiltration tactic, the analysis identified Exfiltration Over Alternative Protocol (T1048) with moderate to high confidence (75%), supported by evidence indicating data breach with no ransomware, implying exfiltration of PII/employee records. Under the Impact tactic, the analysis identified Data Destruction (T1485) with lower confidence (10%), supported by evidence indicating no evidence of operational disruption, but data breach implies potential misuse and Data Encrypted for Impact (T1486) with lower confidence (5%), supported by evidence indicating no ransomware involvement per description, but included for completeness. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources
- Fincantieri Marine Group Rankiteo Cyber Incident Details: http://www.rankiteo.com/company/fincantieri-marine-group/incident/FIN4992449111325
- Fincantieri Marine Group CyberSecurity Rating page: https://www.rankiteo.com/company/fincantieri-marine-group
- Fincantieri Marine Group Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/fin4992449111325-fincantieri-marine-group-llc-breach-june-2023/
- Fincantieri Marine Group CyberSecurity Score History: https://www.rankiteo.com/company/fincantieri-marine-group/history
- Fincantieri Marine Group CyberSecurity Incident Source: https://news.bloomberglaw.com/business-and-practice/fincantieri-gets-first-nod-for-515-000-data-breach-settlement
- Rankiteo A.I CyberSecurity Rating methodology: https://www.rankiteo.com/static/rankiteo_algo.pdf
- Rankiteo TPRM Scoring methodology: https://static.rankiteo.com/model/rankiteo_tprm_methodology.pdf





