Incident Score: Analysis & Impact (IBE1767821517)
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 Iberia'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 Iberia 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 Iberia breach identified under incident ID IBE1767821517.
The analysis begins with a detailed overview of Iberia's information like the linkedin page: https://www.linkedin.com/company/iberia, the number of followers: 418965, the industry type: Airlines and Aviation and the number of employees: 10823 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 617 and after the incident was 562 with a difference of -55 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 Iberia and their customers.
On 20 May 2024, Iberia disclosed Data Breach issues under the banner "Iberia Data Breach via Infostealer Malware".
A threat actor named Zestix allegedly used infostealer malware to infect an employee’s device, obtaining credentials and breaching Iberia’s ShareFile instance.
The disruption is felt across the environment, affecting ShareFile (Progress Software), and exposing 77 GB of data.
In response, moved swiftly to contain the threat with measures like Two-factor authentication enabled for affected customers, and stakeholders are being briefed through Breach notices sent to affected customers; public statement issued.
The case underscores how Ongoing, with advisories going out to stakeholders covering Breach notices sent to affected customers; public statement issued.
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 (90%), with evidence including infostealer malware to harvest credentials, and compromised Iberia’s ShareFile instance and User Execution: Malicious File (T1204.002) with moderate to high confidence (80%), supported by evidence indicating infecting an employee’s device with infostealer malware. Under the Execution tactic, the analysis identified User Execution: Malicious File (T1204.002) with moderate to high confidence (80%), supported by evidence indicating infostealer malware infection on employee device. Under the Credential Access tactic, the analysis identified Input Capture: Keylogging (T1056.001) with moderate to high confidence (80%), supported by evidence indicating infostealer malware to harvest credentials and Credentials from Password Stores (T1555) with moderate to high confidence (70%), supported by evidence indicating infostealer malware...to harvest credentials. Under the Collection tactic, the analysis identified Data from Local System (T1005) with high confidence (90%), supported by evidence indicating 77 GB of sensitive internal documents and customer data and Data from Information Repositories (T1213) with high confidence (90%), supported by evidence indicating compromised Iberia’s ShareFile instance. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (80%), with evidence including data exfiltration for sale, and 77 GB of data stolen and Exfiltration Over Web Service (T1567) with moderate to high confidence (70%), supported by evidence indicating auctioning stolen corporate data. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with lower confidence (30%), supported by evidence indicating ransom demand of $150,000. Under the Defense Evasion tactic, the analysis identified Valid Accounts (T1078) with moderate to high confidence (80%), supported by evidence indicating used harvested credentials to access ShareFile and Hide Artifacts: Hidden Files and Directories (T1564.001) with moderate confidence (50%), supported by evidence indicating infostealer malware infection. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- Iberia Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/iberia/incident/IBE1767821517
- Iberia CyberSecurity Rating page: https://www.rankiteo.com/company/iberia
- Iberia Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/ibe1767821517-breach-january-2026/
- Iberia CyberSecurity Score History: https://www.rankiteo.com/company/iberia/history
- Iberia CyberSecurity Incident Source: https://therecord.media/spanish-airline-attributes-recent-breach-allegation-to-nov-incident
- 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