Rankiteo Logo
Rankiteo
Leader in Cyber Underwriting
Loading...
NEWRankiteo Cyber Underwriting Desktop - Score, price, and bind from your desktop
WindowsmacOSLinux
Download
Analyze » ShipMonk » SHITRE1788524875

Incident Score: Analysis & Impact (SHITRE1788524875)

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

Rankiteo Score Impact Analysis

Rankiteo Incident Impact-70
Company Score Before Incident756 / 1000
Company Score After Incident686 / 1000
INCIDENT NUMBERSHITRE1788524875
Type of Cyber IncidentBreach
ATTACK VECTORThird-party vendor compromise
DATA EXPOSEDFull names, email addresses, phone...
INCIDENT DATE31/10/2019
STATUSOngoing

Key Highlights From The Incident Analysis

  • Timeline of ShipMonk'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 ShipMonk 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 ShipMonk breach identified under incident ID SHITRE1788524875.

The analysis begins with a detailed overview of ShipMonk's information like the linkedin page: https://www.linkedin.com/company/shipmonk, the number of followers: 26263, the industry type: Transportation, Logistics, Supply Chain and Storage and the number of employees: 1300 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 756 and after the incident was 686 with a difference of -70 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 ShipMonk and their customers.

On 01 August 2024, Trezor disclosed Data Breach issues under the banner "Trezor Data Breach Expands, Exposing 67,000 Additional U.S. Customers to Phishing Risks".

Hardware wallet provider Trezor revealed that a data breach affecting its customers is far larger than initially reported, now impacting an additional 67,000 U.S.

The disruption is felt across the environment, and exposing Full names, email addresses, phone numbers, shipping addresses, order details, with nearly 67,000 additional records (total: 81,000+) records at risk.

In response, and stakeholders are being briefed through Disclosure via X (Twitter) post.

The case underscores how Ongoing, teams are taking away lessons such as Third-party vendors pose significant risks; failure to delete customer data can lead to large-scale breaches. Phishing remains a dominant threat in the crypto space, and recommending next steps like Enhance third-party vendor security audits, implement stricter data retention policies, and educate customers on phishing risks and seed phrase security, with advisories going out to stakeholders covering Warning about heightened phishing risks and advice to avoid sharing seed phrases.

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%), supported by evidence indicating breach stems from a security lapse at shipping provider ShipMonk. Under the Credential Access tactic, the analysis identified Compromise Accounts (T1586) with moderate to high confidence (70%), supported by evidence indicating leaked data heightens the risk of phishing attacks to reveal seed phrases. Under the Collection tactic, the analysis identified Data from Information Repositories (T1213) with moderate to high confidence (80%), supported by evidence indicating failed to delete order data from customers who purchased Trezor devices and Data from Local System (T1005) with moderate to high confidence (70%), supported by evidence indicating exposed information includes full names, email addresses, phone numbers. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate confidence (60%), supported by evidence indicating data breach impacting an additional 67,000 U.S. users. Under the Impact tactic, the analysis identified Defacement (T1491) with moderate confidence (50%), supported by evidence indicating heightened phishing risks and potential loss of customer trust. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.

Initial Access
Supply Chain Compromise (90%)
Credential Access
Compromise Accounts (70%)
Collection
Data from Information Repositories (80%)
Data from Local System (70%)
Exfiltration
Exfiltration Over C2 Channel (60%)
Impact
Defacement (50%)