Case Study

Preventing a Multi-Million Rand Breach

How MTD Cyber stopped an imminent ransomware attack and saved a South African enterprise from devastating financial and operational damage.

Published on September 15, 2025 Case Study 8 min read

Executive Summary

Client: Leading South African Financial Services Company (Identity Protected)

Industry: Financial Services

Threat: Advanced Persistent Threat (APT) with Ransomware Payload

Potential Impact: R45+ million in losses, complete operational shutdown

Outcome: 100% threat neutralized, zero data loss, business continuity maintained

The Threat Landscape

In early 2025, a prominent South African financial services company faced an unprecedented cyber threat. Sophisticated attackers had successfully infiltrated their network perimeter and were preparing for a large-scale ransomware deployment.

Critical Situation

Our threat intelligence team detected attackers had been present in the network for 23 days, conducting reconnaissance and positioning for maximum impact. The attack was planned for a Friday afternoon to maximize disruption over the weekend.

Attack Vector Analysis

The attackers employed a sophisticated multi-stage approach:

  • Initial Access: Spear-phishing email targeting IT administrators
  • Persistence: Deployment of custom backdoors in legacy systems
  • Lateral Movement: Exploitation of known vulnerabilities in unpatched systems
  • Data Exfiltration: Staged customer data and intellectual property for leverage
  • Ransomware Deployment: Prepared to encrypt critical business systems

23

Days attackers were present in the network before detection

R45M+

Estimated potential losses from successful attack

Our Approach

MTD Cyber was engaged for emergency response when the client's existing security tools failed to detect the advanced threat. Our response strategy was implemented in three critical phases:

Phase 1: Rapid Deployment of MTD (Hours 0-6)

Immediate Threat Isolation
  • Deployed Moving Target Defence to shift attack surfaces
  • Implemented network micro-segmentation
  • Activated real-time IP address randomization
  • Disrupted attacker command and control communications

Phase 2: Real-time Threat Detection and Isolation (Hours 6-24)

Advanced Threat Hunting
  • AI-powered behavioral analysis identified all compromised systems
  • Isolated infected endpoints without disrupting operations
  • Neutralized backdoors and persistence mechanisms
  • Recovered and secured exfiltrated data staging areas

Phase 3: Proactive System Hardening (Days 1-7)

Long-term Protection
  • Implemented comprehensive employee security awareness training
  • Upgraded legacy systems and applied critical security patches
  • Established continuous monitoring and threat intelligence feeds
  • Created incident response playbooks for future threats

The Results

The immediate deployment of Moving Target Defence technology completely disrupted the attackers' carefully planned operation:

Zero Data Loss

No customer data or intellectual property was compromised

R45M+ Saved

Multi-million rand breach completely prevented

Enhanced Posture

Strengthened overall cybersecurity defenses

Detailed Impact Analysis

Metric Before MTD After MTD Improvement
Threat Detection Time 23 days < 15 minutes 99.97% faster
Attack Success Rate 100% (undetected) 0% Complete prevention
Business Downtime Projected 72+ hours 0 minutes Zero impact
Data Compromise 2.3TB staged 0 bytes 100% protected

Client Testimonial

"MTD Cyber didn't just save us millions in ransom payments and recovery costs – they saved our reputation and our customers' trust. Their Moving Target Defence technology stopped an attack that our existing security tools completely missed."

Chief Information Security Officer, Major South African Financial Institution

Lessons Learned

This case study demonstrates several critical insights for organizations facing advanced persistent threats:

Traditional Security Limitations
  • Signature-based detection failed for 23 days
  • Perimeter defenses were bypassed easily
  • Legacy systems created vulnerability gaps
  • Static configurations enabled reconnaissance
MTD Advantages
  • Dynamic defenses disrupted attack progression
  • Real-time adaptation prevented exploitation
  • Behavioral analysis detected anomalies
  • Automated response minimized human error

Don't Wait for an Attack to Find Your Vulnerabilities

This organization was fortunate to engage MTD Cyber before irreversible damage occurred. Your business might not have the same luxury of time.