Tata Power, a Mumbai, India-based company and a subsidiary of Tata Group, was apparently hit by a cyber attack that could be of ransomware genre. The business firm acknowledged the attack and admitted that some of its IT systems were crippled by the digital assault. However, its core systems were operating as usual.
Unconfirmed sources state that the attackers were demanding an enormous sum to decrypt the database. Meaning, the power generating and distributing firm of the Indian sub-continent was hit by a file encrypting malware.
Employees of the Tata firm have been cautioned about the cyber threat and measures have already been put in place to contain the spread of malware.
Based on the condition of anonymity, a top level C-employee of the company denied the news that it was cyber attack and added a technical glitch caused an error in the operations leading to a partial disruption.
More details will be updated shortly!
NOTE 1– Tata Power is a private electric utility and is into the generation, transmission, and distribution of power. It is also the first company to ship over 1GW of solar power modules. It holds operations in Bhutan, Indonesia, Singapore and South Africa and supplies power to Dubai, Jeddah and Saudi through overseas operations.
NOTE 2- A ransomware is a kind of malware where hackers infiltrate a network and encrypt a database until a ransom is paid. In recent times, the threat actors spreading this malicious software are indulging in double extortion tactics of stealing the data at first and then pressurizing the victims by threatening them they will sell the stolen data on the dark web, if their ransom demand is not full filled.
NOTE 3- Unconfirmed sources state that Hive Ransomware gang might be behind the incident
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