Alkem’s Enzene Biosciences Hit by Cyberattack, Funds Fraudulently Transferred

Alkem’s Enzene Biosciences Hit by Cyberattack, Funds Fraudulently Transferred

Alkem Laboratories Ltd revealed a cyberattack on its U.S.-based subsidiary, Enzene Biosciences, resulting in fraudulent fund transfers. The company is actively investigating the incident and prioritizing transparency with regulators and stakeholders.
Affected: Enzene Biosciences, Alkem Laboratories Ltd

Keypoints

  • Cybercriminals compromised business email accounts at Enzene Biosciences’ U.S. operations.
  • The attack led to a fraudulent transfer of funds, with the total amount still under investigation.
  • Alkem has engaged independent cybersecurity firms to conduct a thorough forensic investigation.
  • The company emphasized transparency and adherence to good governance principles in disclosing the breach.
  • This incident highlights the rising risk of Business Email Compromise (BEC) attacks in the pharmaceutical sector.

Read More: https://thecyberexpress.com/enzene-biosciences-cyberattack/