Company Details
tech-solutions-inc
None employees
3
541547
verifiedmarketreports.com
0
TEC_2725851
In-progress

Tech Solutions Inc Company CyberSecurity Posture
verifiedmarketreports.comNone
Company Details
tech-solutions-inc
None employees
3
541547
verifiedmarketreports.com
0
TEC_2725851
In-progress
Between 0 and 549

TSI Global Score (TPRM)XXXX

Description: In July 2023, Tech Solutions Inc., a leading provider of cloud storage solutions, fell victim to a sophisticated ransomware attack. Criminals infiltrated the company's secured network through a previously undetected vulnerability, deploying ransomware that encrypted valuable customer data and internal documents. Despite having state-of-the-art cybersecurity measures in place, the breach forced the company to halt its operations temporarily, leading to significant financial losses and damage to its reputation. The incident exposed the personal and financial information of over 200,000 customers, resulting in heightened concerns over data privacy and the effectiveness of current cybersecurity practices. Tech Solutions Inc. faced criticism for its handling of the data breach, with customers and industry observers questioning the company's readiness for such cyber threats. The attack not only disrupted the company's operations but also shook its stakeholders' confidence, making it a stark reminder of the persisting dangers posed by cybercriminals.
Description: In March 2023, Tech Solutions Inc., a leading software development firm, fell victim to a significant ransomware attack. The breach resulted in encryption of sensitive data, including upcoming software release codes and client databases, paralyzing the company's operations for several days. Immediate action was taken to mitigate the impact, involving ransom negotiation by cybersecurity professionals and law enforcement involvement. Despite efforts to control the situation discreetly, news of the breach reached the media, causing a substantial dip in customer trust and a 5% fall in stock prices within the following week. The incident underlines the critical necessity for robust cybersecurity measures and regular system audits to prevent future vulnerabilities.
Description: Tech Solutions Inc., a leading software development company, experienced a significant data breach in March 2023, resulting in the theft of sensitive customer and employee data. The breach was orchestrated through a sophisticated phishing campaign that tricked employees into revealing their login credentials. Once inside the network, hackers leveraged a known vulnerability that had not been patched, gaining unrestricted access to the company's data storage systems. This breach led to the leak of personal information, including names, addresses, social security numbers, and financial details of over 100,000 customers and employees. The incident caused considerable financial loss, damaged the company's reputation, and led to a loss of trust among customers and stakeholders. Tech Solutions Inc. has since taken measures to strengthen their cybersecurity posture, including implementing multi-factor authentication, regular employee training on cyber threats, and a comprehensive review and upgrade of their cybersecurity infrastructure.
Description: In February 2023, Tech Solutions Inc., a global technology services provider, fell victim to a sophisticated cyber attack compromising the personal and financial information of over 10,000 customers. The breach was orchestrated using a previously unknown vulnerability in the company's file transfer software. Despite swift actions to contain the breach and secure its systems, the company faced significant backlash, including lawsuits from affected customers and a temporary dip in stock prices. The breach not only led to the loss of sensitive customer information but also posed severe reputational damage to the company. Tech Solutions Inc. has since invested heavily in upgrading its cyber defense mechanisms and enhancing its cybersecurity protocols to prevent future incidents.
Description: In June 2023, Tech Solutions Inc. fell victim to a sophisticated ransomware attack carried out by hackers identifying themselves as part of the 'Cl0p' group. The attackers managed to exploit vulnerabilities in the company's MOVEit file transfer software, gaining unauthorized access to sensitive data. The breach resulted in the encryption of crucial operational data and the theft of personal information of over 10,000 customers, including names, addresses, and credit card details. The breach caused disruptions in service delivery, financial losses estimated at $5 million due to system downtimes and ransom payments, and significant reputational damage. The company was forced to notify affected customers and offer credit monitoring services to mitigate the risk of financial fraud against its customers.
Description: In October 2023, Tech Solutions Inc., a leading software development company, fell victim to a sophisticated ransomware attack. The attackers exploited a known vulnerability in the company’s security systems to gain unauthorized access. Despite immediate efforts to contain the breach, the attackers managed to encrypt critical data, causing significant operational disruptions. The attack not only halted the company’s development projects but also compromised sensitive client information, leading to financial losses and reputational damage. Efforts to recover the encrypted data are ongoing, but the incident has exposed significant weaknesses in the company's cyber defense measures, calling for a comprehensive security overhaul.
Description: In March 2023, Tech Solutions Inc. experienced a significant data breach, where sensitive customer information, including names, addresses, and credit card details, were exposed. The breach occurred due to a vulnerability in their online payment system that was exploited by cybercriminals. The incident impacted thousands of customers and led to a temporary suspension of online services, causing financial loss and damage to the company’s reputation. Immediate actions were taken to secure the systems, notify affected customers, and offer credit monitoring services to mitigate the consequences of the breach.


No incidents recorded for Tech Solutions Inc in 2025.
No incidents recorded for Tech Solutions Inc in 2025.
No incidents recorded for Tech Solutions Inc in 2025.
TSI cyber incidents detection timeline including parent company and subsidiaries

None

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Explore insights on cybersecurity incidents, risk posture, and Rankiteo's assessments.
The official website of Tech Solutions Inc is https://www.verifiedmarketreports.com/.
According to Rankiteo, Tech Solutions Inc’s AI-generated cybersecurity score is 465, reflecting their Critical security posture.
According to Rankiteo, Tech Solutions Inc currently holds 0 security badges, indicating that no recognized compliance certifications are currently verified for the organization.
According to Rankiteo, Tech Solutions Inc is not certified under SOC 2 Type 1.
According to Rankiteo, Tech Solutions Inc does not hold a SOC 2 Type 2 certification.
According to Rankiteo, Tech Solutions Inc is not listed as GDPR compliant.
According to Rankiteo, Tech Solutions Inc does not currently maintain PCI DSS compliance.
According to Rankiteo, Tech Solutions Inc is not compliant with HIPAA regulations.
According to Rankiteo,Tech Solutions Inc is not certified under ISO 27001, indicating the absence of a formally recognized information security management framework.
Tech Solutions Inc operates primarily in the IT System Testing and Evaluation industry.
Tech Solutions Inc employs approximately None employees people worldwide.
Tech Solutions Inc presently has no subsidiaries across any sectors.
Tech Solutions Inc’s official LinkedIn profile has approximately 3 followers.
Tech Solutions Inc is classified under the NAICS code 541547, which corresponds to Others.
No, Tech Solutions Inc does not have a profile on Crunchbase.
Yes, Tech Solutions Inc maintains an official LinkedIn profile, which is actively utilized for branding and talent engagement, which can be accessed here: https://www.linkedin.com/company/tech-solutions-inc.
As of November 29, 2025, Rankiteo reports that Tech Solutions Inc has experienced 7 cybersecurity incidents.
Tech Solutions Inc has an estimated 15 peer or competitor companies worldwide.
Incident Types: The types of cybersecurity incidents that have occurred include Vulnerability, Breach, Cyber Attack and Ransomware.
Total Financial Loss: The total financial loss from these incidents is estimated to be $5 million.
Detection and Response: The company detects and responds to cybersecurity incidents through an containment measures with swift actions to contain the breach and secure its systems, and remediation measures with implementing multi-factor authentication, remediation measures with regular employee training on cyber threats, remediation measures with comprehensive review and upgrade of cybersecurity infrastructure, and containment measures with immediate efforts to contain the breach, and recovery measures with ongoing efforts to recover encrypted data, and third party assistance with cybersecurity professionals, and and containment measures with secure the systems, and recovery measures with offer credit monitoring services, and communication strategy with notify affected customers, and communication strategy with notify affected customers, offer credit monitoring services..
Title: Tech Solutions Inc. Data Breach
Description: A sophisticated cyber attack compromising the personal and financial information of over 10,000 customers due to a previously unknown vulnerability in the company's file transfer software.
Date Detected: February 2023
Type: Data Breach
Attack Vector: Vulnerability Exploitation
Vulnerability Exploited: Previously unknown vulnerability in file transfer software
Title: Tech Solutions Inc. Data Breach
Description: Tech Solutions Inc., a leading software development company, experienced a significant data breach in March 2023, resulting in the theft of sensitive customer and employee data. The breach was orchestrated through a sophisticated phishing campaign that tricked employees into revealing their login credentials. Once inside the network, hackers leveraged a known vulnerability that had not been patched, gaining unrestricted access to the company's data storage systems. This breach led to the leak of personal information, including names, addresses, social security numbers, and financial details of over 100,000 customers and employees. The incident caused considerable financial loss, damaged the company's reputation, and led to a loss of trust among customers and stakeholders. Tech Solutions Inc. has since taken measures to strengthen their cybersecurity posture, including implementing multi-factor authentication, regular employee training on cyber threats, and a comprehensive review and upgrade of their cybersecurity infrastructure.
Date Detected: March 2023
Type: Data Breach
Attack Vector: Phishing Campaign
Vulnerability Exploited: Known vulnerability that had not been patched
Title: Ransomware Attack on Tech Solutions Inc.
Description: In October 2023, Tech Solutions Inc., a leading software development company, fell victim to a sophisticated ransomware attack. The attackers exploited a known vulnerability in the company’s security systems to gain unauthorized access. Despite immediate efforts to contain the breach, the attackers managed to encrypt critical data, causing significant operational disruptions. The attack not only halted the company’s development projects but also compromised sensitive client information, leading to financial losses and reputational damage. Efforts to recover the encrypted data are ongoing, but the incident has exposed significant weaknesses in the company's cyber defense measures, calling for a comprehensive security overhaul.
Date Detected: October 2023
Type: Ransomware
Attack Vector: Exploitation of a known vulnerability in security systems
Vulnerability Exploited: Known vulnerability in security systems
Motivation: Financial gain
Title: Ransomware Attack on Tech Solutions Inc.
Description: In July 2023, Tech Solutions Inc., a leading provider of cloud storage solutions, fell victim to a sophisticated ransomware attack. Criminals infiltrated the company's secured network through a previously undetected vulnerability, deploying ransomware that encrypted valuable customer data and internal documents. Despite having state-of-the-art cybersecurity measures in place, the breach forced the company to halt its operations temporarily, leading to significant financial losses and damage to its reputation. The incident exposed the personal and financial information of over 200,000 customers, resulting in heightened concerns over data privacy and the effectiveness of current cybersecurity practices. Tech Solutions Inc. faced criticism for its handling of the data breach, with customers and industry observers questioning the company's readiness for such cyber threats. The attack not only disrupted the company's operations but also shook its stakeholders' confidence, making it a stark reminder of the persisting dangers posed by cybercriminals.
Date Detected: July 2023
Type: Ransomware Attack
Attack Vector: Undetected Vulnerability
Vulnerability Exploited: Previously undetected vulnerability
Motivation: Financial Gain
Title: Ransomware Attack on Tech Solutions Inc.
Description: In March 2023, Tech Solutions Inc., a leading software development firm, fell victim to a significant ransomware attack. The breach resulted in encryption of sensitive data, including upcoming software release codes and client databases, paralyzing the company's operations for several days. Immediate action was taken to mitigate the impact, involving ransom negotiation by cybersecurity professionals and law enforcement involvement. Despite efforts to control the situation discreetly, news of the breach reached the media, causing a substantial dip in customer trust and a 5% fall in stock prices within the following week. The incident underlines the critical necessity for robust cybersecurity measures and regular system audits to prevent future vulnerabilities.
Date Detected: March 2023
Type: Ransomware
Motivation: Financial Gain
Title: Tech Solutions Inc. Data Breach
Description: In March 2023, Tech Solutions Inc. experienced a significant data breach, where sensitive customer information, including names, addresses, and credit card details, were exposed. The breach occurred due to a vulnerability in their online payment system that was exploited by cybercriminals. The incident impacted thousands of customers and led to a temporary suspension of online services, causing financial loss and damage to the company’s reputation. Immediate actions were taken to secure the systems, notify affected customers, and offer credit monitoring services to mitigate the consequences of the breach.
Date Detected: March 2023
Type: Data Breach
Attack Vector: Exploitation of vulnerability in the online payment system
Vulnerability Exploited: Vulnerability in the online payment system
Threat Actor: Cybercriminals
Title: Tech Solutions Inc. Ransomware Attack
Description: In June 2023, Tech Solutions Inc. fell victim to a sophisticated ransomware attack carried out by hackers identifying themselves as part of the 'Cl0p' group. The attackers managed to exploit vulnerabilities in the company's MOVEit file transfer software, gaining unauthorized access to sensitive data. The breach resulted in the encryption of crucial operational data and the theft of personal information of over 10,000 customers, including names, addresses, and credit card details. The breach caused disruptions in service delivery, financial losses estimated at $5 million due to system downtimes and ransom payments, and significant reputational damage. The company was forced to notify affected customers and offer credit monitoring services to mitigate the risk of financial fraud against its customers.
Date Detected: June 2023
Type: Ransomware
Attack Vector: Exploit vulnerabilities in MOVEit file transfer software
Vulnerability Exploited: MOVEit file transfer software
Threat Actor: Cl0p group
Motivation: Financial gain
Common Attack Types: The most common types of attacks the company has faced is Breach.
Identification of Attack Vectors: The company identifies the attack vectors used in incidents through Phishing Campaign, Known vulnerability in security systems, Undetected vulnerability and MOVEit file transfer software.

Data Compromised: Personal and financial information of over 10,000 customers
Customer Complaints: Lawsuits from affected customers
Brand Reputation Impact: Severe reputational damage
Legal Liabilities: Lawsuits from affected customers

Financial Loss: Considerable
Data Compromised: Names, Addresses, Social security numbers, Financial details
Systems Affected: Data Storage Systems
Operational Impact: Loss of trust among customers and stakeholders
Brand Reputation Impact: Damaged

Data Compromised: Sensitive client information
Systems Affected: Critical data and development projects
Downtime: Significant operational disruptions
Operational Impact: Development projects halted
Brand Reputation Impact: Reputational damage

Financial Loss: Significant
Data Compromised: Personal and financial information
Systems Affected: Cloud storage solutions
Downtime: Temporary halt in operations
Operational Impact: Significant disruption
Revenue Loss: Significant
Customer Complaints: Criticism for handling of the data breach
Brand Reputation Impact: Significant damage
Identity Theft Risk: Heightened concerns
Payment Information Risk: Heightened concerns

Data Compromised: Upcoming software release codes, Client databases
Downtime: Several days
Operational Impact: Paralyzing the company's operations
Brand Reputation Impact: Substantial dip in customer trust

Data Compromised: Names, Addresses, Credit card details
Systems Affected: Online payment system
Downtime: Temporary suspension of online services
Brand Reputation Impact: Damage to the company’s reputation
Payment Information Risk: High

Financial Loss: $5 million
Data Compromised: Personal information of over 10,000 customers, Names, Addresses, Credit card details
Systems Affected: Crucial operational data
Downtime: System downtimes
Operational Impact: Disruptions in service delivery
Brand Reputation Impact: Significant reputational damage
Payment Information Risk: Credit card details
Average Financial Loss: The average financial loss per incident is $714.29 thousand.
Commonly Compromised Data Types: The types of data most commonly compromised in incidents are Personal and financial information, Personal Information, Financial Details, , Sensitive client information, Personal Information, Financial Information, , Upcoming Software Release Codes, Client Databases, , Names, Addresses, Credit Card Details, , Personal Information, Financial Information and .

Entity Name: Tech Solutions Inc.
Entity Type: Company
Industry: Technology Services
Customers Affected: Over 10,000

Entity Name: Tech Solutions Inc.
Entity Type: Software Development Company
Industry: Technology
Customers Affected: 100,000

Entity Name: Tech Solutions Inc.
Entity Type: Software development company
Industry: Technology

Entity Name: Tech Solutions Inc.
Entity Type: Company
Industry: Cloud Storage Solutions
Customers Affected: 200,000

Entity Name: Tech Solutions Inc.
Entity Type: Software Development Firm
Industry: Technology

Entity Name: Tech Solutions Inc.
Entity Type: Company
Industry: Technology
Customers Affected: Thousands

Entity Name: Tech Solutions Inc.
Entity Type: Company
Customers Affected: 10,000

Containment Measures: Swift actions to contain the breach and secure its systems

Remediation Measures: Implementing Multi-Factor AuthenticationRegular Employee Training on Cyber ThreatsComprehensive Review and Upgrade of Cybersecurity Infrastructure

Containment Measures: Immediate efforts to contain the breach
Recovery Measures: Ongoing efforts to recover encrypted data

Third Party Assistance: Cybersecurity Professionals.

Containment Measures: Secure the systems
Recovery Measures: Offer credit monitoring services
Communication Strategy: Notify affected customers

Communication Strategy: Notify affected customers, offer credit monitoring services
Third-Party Assistance: The company involves third-party assistance in incident response through Cybersecurity Professionals, .

Type of Data Compromised: Personal and financial information
Number of Records Exposed: Over 10,000

Type of Data Compromised: Personal information, Financial details
Number of Records Exposed: 100,000
Sensitivity of Data: High
Data Exfiltration: Yes
Personally Identifiable Information: NamesAddressesSocial Security Numbers

Type of Data Compromised: Sensitive client information
Sensitivity of Data: High

Type of Data Compromised: Personal information, Financial information
Number of Records Exposed: 200,000
Sensitivity of Data: High
Data Encryption: Valuable customer data and internal documents
Personally Identifiable Information: Yes

Type of Data Compromised: Upcoming software release codes, Client databases
Sensitivity of Data: High
Data Encryption: True

Type of Data Compromised: Names, Addresses, Credit card details
Number of Records Exposed: Thousands
Sensitivity of Data: High
Personally Identifiable Information: NamesAddressesCredit card details

Type of Data Compromised: Personal information, Financial information
Number of Records Exposed: 10,000
Sensitivity of Data: High
Data Exfiltration: Yes
Data Encryption: No
Personally Identifiable Information: Yes
Prevention of Data Exfiltration: The company takes the following measures to prevent data exfiltration: Implementing Multi-Factor Authentication, Regular Employee Training on Cyber Threats, Comprehensive Review and Upgrade of Cybersecurity Infrastructure, .
Handling of PII Incidents: The company handles incidents involving personally identifiable information (PII) through by swift actions to contain the breach and secure its systems, immediate efforts to contain the breach and secure the systems.

Data Encryption: Critical data

Data Encryption: Valuable customer data and internal documents

Data Encryption: True
Data Recovery from Ransomware: The company recovers data encrypted by ransomware through Ongoing efforts to recover encrypted data, Offer credit monitoring services.

Legal Actions: Lawsuits from affected customers
Ensuring Regulatory Compliance: The company ensures compliance with regulatory requirements through Lawsuits from affected customers.

Lessons Learned: Significant weaknesses in the company's cyber defense measures, calling for a comprehensive security overhaul.

Lessons Learned: The incident underlines the critical necessity for robust cybersecurity measures and regular system audits to prevent future vulnerabilities.

Recommendations: Comprehensive security overhaul
Key Lessons Learned: The key lessons learned from past incidents are Significant weaknesses in the company's cyber defense measures, calling for a comprehensive security overhaul.The incident underlines the critical necessity for robust cybersecurity measures and regular system audits to prevent future vulnerabilities.
Implemented Recommendations: The company has implemented the following recommendations to improve cybersecurity: Comprehensive security overhaul.

Investigation Status: Ongoing
Communication of Investigation Status: The company communicates the status of incident investigations to stakeholders through Notify affected customers, Notify affected customers and offer credit monitoring services.

Customer Advisories: Notify affected customers

Customer Advisories: Notify affected customers, offer credit monitoring services
Advisories Provided: The company provides the following advisories to stakeholders and customers following an incident: were Notify affected customers, Notify affected customers and offer credit monitoring services.

Entry Point: Phishing Campaign

Entry Point: Known vulnerability in security systems

Entry Point: Undetected vulnerability

Entry Point: MOVEit file transfer software

Corrective Actions: Invested Heavily In Upgrading Its Cyber Defense Mechanisms And Enhancing Its Cybersecurity Protocols,

Root Causes: Lack Of Patching Known Vulnerabilities, Susceptibility To Phishing Attacks,
Corrective Actions: Implementing Multi-Factor Authentication, Regular Employee Training On Cyber Threats, Comprehensive Review And Upgrade Of Cybersecurity Infrastructure,

Root Causes: Known vulnerability in security systems
Corrective Actions: Comprehensive security overhaul

Root Causes: Vulnerability in the online payment system

Root Causes: Vulnerabilities in MOVEit file transfer software
Post-Incident Analysis Process: The company's process for conducting post-incident analysis is described as Cybersecurity Professionals, .
Corrective Actions Taken: The company has taken the following corrective actions based on post-incident analysis: Invested Heavily In Upgrading Its Cyber Defense Mechanisms And Enhancing Its Cybersecurity Protocols, , Implementing Multi-Factor Authentication, Regular Employee Training On Cyber Threats, Comprehensive Review And Upgrade Of Cybersecurity Infrastructure, , Comprehensive security overhaul.
Last Attacking Group: The attacking group in the last incident were an Cybercriminals and Cl0p group.
Most Recent Incident Detected: The most recent incident detected was on February 2023.
Highest Financial Loss: The highest financial loss from an incident was $5 million.
Most Significant Data Compromised: The most significant data compromised in an incident were Personal and financial information of over 10,000 customers, Names, Addresses, Social Security Numbers, Financial Details, , Sensitive client information, Personal and financial information, Upcoming software release codes, Client databases, , Names, Addresses, Credit card details, , Personal information of over 10,000 customers, Names, Addresses, Credit card details and .
Third-Party Assistance in Most Recent Incident: The third-party assistance involved in the most recent incident was cybersecurity professionals, .
Containment Measures in Most Recent Incident: The containment measures taken in the most recent incident were Swift actions to contain the breach and secure its systems, Immediate efforts to contain the breach and Secure the systems.
Most Sensitive Data Compromised: The most sensitive data compromised in a breach were Personal information of over 10,000 customers, Addresses, Upcoming software release codes, Personal and financial information, Client databases, Financial Details, Names, Personal and financial information of over 10,000 customers, Credit card details, Sensitive client information and Social Security Numbers.
Number of Records Exposed in Most Significant Breach: The number of records exposed in the most significant breach was 200.1M.
Most Significant Legal Action: The most significant legal action taken for a regulatory violation was Lawsuits from affected customers.
Most Significant Lesson Learned: The most significant lesson learned from past incidents was Significant weaknesses in the company's cyber defense measures, calling for a comprehensive security overhaul., The incident underlines the critical necessity for robust cybersecurity measures and regular system audits to prevent future vulnerabilities.
Most Significant Recommendation Implemented: The most significant recommendation implemented to improve cybersecurity was Comprehensive security overhaul.
Current Status of Most Recent Investigation: The current status of the most recent investigation is Ongoing.
Most Recent Customer Advisory: The most recent customer advisory issued were an Notify affected customers, Notify affected customers and offer credit monitoring services.
Most Recent Entry Point: The most recent entry point used by an initial access broker were an MOVEit file transfer software, Phishing Campaign, Known vulnerability in security systems and Undetected vulnerability.
Most Significant Root Cause: The most significant root cause identified in post-incident analysis was Lack of patching known vulnerabilitiesSusceptibility to phishing attacks, Known vulnerability in security systems, Vulnerability in the online payment system, Vulnerabilities in MOVEit file transfer software.
Most Significant Corrective Action: The most significant corrective action taken based on post-incident analysis was Invested heavily in upgrading its cyber defense mechanisms and enhancing its cybersecurity protocols, Implementing Multi-Factor AuthenticationRegular Employee Training on Cyber ThreatsComprehensive Review and Upgrade of Cybersecurity Infrastructure, Comprehensive security overhaul.
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