Tata Technologies Faces Ransomware Attack

SUMMARY

Tata Technologies, the engineering arm of Tata Group, faced a ransomware attack on Friday

In an exchange filing, the company said that the incident affected a few of its IT assets while its client delivery services “remained fully functional and unaffected throughout”

However, Tata Technologies did not disclose specific details about the attack

Tata Technologies, the engineering arm of Tata Group, faced a ransomware attack on Friday (January 31) which led to the company suspending some of its services.

In an exchange filing, the company said that the incident affected a few of its IT assets while its client delivery services “remained fully functional and unaffected throughout”.

“As a precautionary measure, some of the IT services were suspended temporarily and have now been restored. Our client delivery services have remained fully functional and unaffected throughout,” the company said. 

However, Tata Technologies did not disclose specific details about the attack.

“Further detailed investigation is underway in consultation with experts to assess the root cause and to take remedial action as necessary. We remain committed to the highest standards of security and data protection and are taking all necessary steps to mitigate any potential risks,” the filing added. 

A ransomware attack typically involves malware that encrypts files such that users are barred from accessing them. Hackers restore user access if they are given ransom in return of a decryption key. 

This development comes amid a surge in ransomware and cyberattacks targeting Indian entities and institutions. In 2024, India ranked as the second most targeted country for cyberattacks globally, behind the US.

According to a report by non-profit Prahar, the country witnessed 500 Mn cyberattacks in the first quarter of 2024, followed by nearly 750 Mn more in the second quarter.

In August last year, a ransomware attack at C-Edge, which provides services to cooperative and regional rural banks, led to the NPCI temporarily isolating the service provider from accessing its retail payment systems.

Another such major cyberattack led to the personal data leak of millions of Star Health’s customers on Telegram in September last year.

A leak of 278 GB of sensitive user data of state-run telecom company BSNL, the exposure of personal information of 7.9 Mn customers of broking platform Angel One, and a breach at WazirX, which affected 15 Mn users are among the other major cyber breaches in India in recent times.

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