Tata Technologies reported a ransomware incident affecting a few of its IT assets. As a precautionary measure, some services were temporarily suspended but have now been fully restored. The company reassured stakeholders that its client delivery services remained fully functional and unaffected throughout the incident.
On December 9, more than 16 brokers were cut off from MCX servers following a cyberattack.
In an interview with Moneycontrol, Comtel, which managed the data centre that was breached by a ransomware attack, explains what happened, how it was managed and how it can be avoided next time.
Big brokerage houses, including IIFL Securities, 5 Paisa and Axis Securities, have been affected by the ransomware attack, sources tell Moneycontrol.
The attack began on November 21and has affected operations at 11,000 Starbucks locations in the United States and Canada.
The digital extortion attack can come in different ways and most common forms are ransomware, sextortion and Distributed Denial-of-Service (DDoS). To prevent people from getting trapped in such situations, Interpol has put together a comprehensive guide on how to increase the device’s security and prevent these attacks.
The average ransom demand was USD 4.8 million, with 62 per cent of demands exceeding USD 1 million.
Cybersecurity is becoming increasingly a threat as AI develops. Attackers are using AI to launch increasingly complex attacks on businesses.