Polycab IT Infrastructure Targeted in Ransomware Attack
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Polycab India Restricted, a number one manufacturer of wires and cables, has reported a serious ransomware attack on its IT infrastructure.
The firm has disclosed the incident in compliance with the SEBI (Itemizing Duties and Disclosure Necessities) Guidelines, 2015.
Upon detecting the cyber-attack, Polycab took swift action to grasp the breach and assess its impact.
The firm has informed the linked authorities and is currently cooperating with cybersecurity experts to mitigate the outcomes of the attack.
Irrespective of the severity of the incident, Polycab has assured stakeholders that its core programs are operational and manufacturing processes delight in no longer been compromised.
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The firm’s snappy response has enabled it to aid continuity in its operations.
On March 17th, 2024, Polycab reported a cyber security breach that resulted in a ransomware attack on its IT infrastructure.
This disclosure used to be made after Polycab filed an reliable statement referring to the attack.
Ongoing Investigation
The indispensable factors of the ransomware kind and the attackers’ identity live underneath investigation.
Polycab is working carefully with law enforcement and cybersecurity experts to treasure the scope of the breach and forestall future incidents.
This attack brings to gentle the increasing threat of ransomware attacks on corporate entities.
Companies all the way by the globe are investing more in cybersecurity measures to defend their digital property and infrastructure.
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Source credit : cybersecuritynews.com
