“However, the incident has not impacted the core systems and operations of the company. Currently, the company’s systems are up and running, all factories are operating, and the company continues to serve its customers,” Polycab India said.
New Delhi, March 21 (IANS): Polycab India was targeted by a ransomware attack, but the incident has not impacted the core systems and operations of the company.
The electricals and cables major said the cyber-security incident occurred on March 17, 2024, wherein the company’s IT infrastructure was targeted by a ransomware attack.
“However, the incident has not impacted the core systems and operations of the company. Currently, the company’s systems are up and running, all factories are operating, and the company continues to serve its customers,” Polycab India said.
“The technical team of the company, along with a specialised team of external cyber-security experts, is working actively on analysing the incident,” the company said.
Polycab India shares are up 3 percent in trade at Rs 4874. The company has a market cap of Rs 73,234 crore.
Also read: Women in the technology industry is constantly increasing, says Rajita Bhatnagar
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.
