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Analyze » Global Cyber Alliance » GLO1765304341

Incident Score: Analysis & Impact (GLO1765304341)

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

Rankiteo Score Impact Analysis

Rankiteo Incident Impact-346
Company Score Before Incident750 / 1000
Company Score After Incident404 / 1000
Company LinkView Global Cyber Alliance Profile
INCIDENT NUMBERGLO1765304341
Type of Cyber IncidentRansomware
ATTACK VECTORNA
DATA EXPOSEDNA
INCIDENT DATE30/12/2023
STATUSpublished

Key Highlights From The Incident Analysis

  • Timeline of Global Cyber Alliance's Ransomware 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 Global Cyber Alliance 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 Global Cyber Alliance breach identified under incident ID GLO1765304341.

The analysis begins with a detailed overview of Global Cyber Alliance's information like the linkedin page: https://www.linkedin.com/company/global-cyber-alliance, the number of followers: 12096, the industry type: IT Services and IT Consulting and the number of employees: 43 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 404 with a difference of -346 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 Global Cyber Alliance and their customers.

A newly reported cybersecurity incident, "Global Ransomware Payments Surge in 2023", has drawn attention.

Ransomware payments hit an all-time high of 1.1 billion USD in 2023, following a steep drop in total payouts in 2022.

The disruption is felt across the environment, plus an estimated financial loss of 1.1 billion USD.

Formal response steps have not been shared publicly yet.

The case underscores how teams are taking away lessons such as Ransomware gangs face challenges such as talent scarcity, Russia-Ukraine war fatigue, and repeated disruptions by law enforcement.

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 to high confidence (70%), supported by evidence indicating high-profile institutions and critical infrastructure targeted and Trusted Relationship (T1199) with moderate confidence (60%), supported by evidence indicating ransomware gangs targeting high-value sectors (healthcare, education, government). Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with high confidence (90%), with evidence including ransomware payments hit $1.1 billion in 2023, and ransomware strain implied by financial extortion and Defacement (T1491) with moderate confidence (50%), supported by evidence indicating critical infrastructure targeted (hospitals, schools, government agencies). Under the Exfiltration tactic, the analysis identified Exfiltration Over Alternative Protocol (T1048) with moderate to high confidence (70%), supported by evidence indicating ransomware gangs implied to exfiltrate data for double extortion. Under the Command and Control tactic, the analysis identified Application Layer Protocol (T1071) with moderate confidence (60%), supported by evidence indicating ransomware operations require C2 for encryption/extortion. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.

Sources & References