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Analyze » IQ Solutions » IQ-1764897582

Incident Score: Analysis & Impact (IQ-1764897582)

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

Rankiteo Score Impact Analysis

Rankiteo Incident Impact-110
Company Score Before Incident752 / 1000
Company Score After Incident642 / 1000
Company LinkView IQ Solutions Profile
INCIDENT NUMBERIQ-1764897582
Type of Cyber IncidentRansomware
ATTACK VECTORThird-party vendor compromise
DATA EXPOSEDSensitive personal identifiable information
INCIDENT DATE03/12/2025
STATUSOngoing (as of breach notice)

Key Highlights From The Incident Analysis

  • Timeline of IQ Solutions'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 IQ Solutions 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 IQ Solutions breach identified under incident ID IQ-1764897582.

The analysis begins with a detailed overview of IQ Solutions's information like the linkedin page: https://www.linkedin.com/company/iq-solutions, the number of followers: 3978, the industry type: Public Relations and Communications Services and the number of employees: 268 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 752 and after the incident was 642 with a difference of -110 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 IQ Solutions and their customers.

On 14 August 2023, iQ disclosed Data Breach, Ransomware issues under the banner "iQ Data Breach via Third-Party Vendor Marquis Software Solutions".

iQ reported a data breach where sensitive personal identifiable information may have been compromised due to a ransomware attack on its third-party vendor, Marquis Software Solutions.

The disruption is felt across the environment, affecting Marquis Software Solutions network, and exposing Sensitive personal identifiable information.

In response, and began remediation that includes Review of impacted data, identification of affected individuals, while recovery efforts such as Mailing data breach notification letters, providing credit monitoring services continue, and stakeholders are being briefed through Breach notification letters to affected individuals.

The case underscores how Ongoing (as of breach notice), with advisories going out to stakeholders covering Data breach notification letters with credit monitoring services.

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 Supply Chain Compromise (T1195) with high confidence (90%), with evidence including third-party vendor compromise, and marquis Software Solutions detected suspicious activity. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with moderate to high confidence (80%), supported by evidence indicating determined that it had experienced a ransomware attack. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (70%), supported by evidence indicating sensitive personal information...may have been accessed and acquired and Automated Exfiltration (T1020) with moderate confidence (60%), supported by evidence indicating potential acquisition by unauthorized third party. Under the Credential Access tactic, the analysis identified Unsecured Credentials (T1552) with moderate confidence (50%), supported by evidence indicating financial account information without security or access codes. Under the Defense Evasion tactic, the analysis identified Obfuscated Files or Information (T1027) with moderate confidence (60%), supported by evidence indicating ransomware attack (commonly involves encryption/obfuscation). These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.

Sources & References