Date Reported: 2024-03-17
Country: IND | India
Victim: Polycab | polycab.com
Additional Information :
- The IT infrastructure of Polycab was targeted by a ransomware attack on March 17, 2024.
- The company stated that its core systems and operations were not affected by the attack.
- All of the company’s systems are currently functioning normally, and all factories are operational.
- Polycab continues to serve its customers, with an internal technical team and external cybersecurity experts actively analyzing the incident.
- In addition to the cyberattack, the company has faced difficulties in the beginning of 2024 due to alleged tax raids on its premises.
- Polycab has denied any tax evasion and its stocks have increased by 1.27%.
Article: https://www.cnbctv18.com/market/polycab-share-price-it-infra-ransomware-attack-core-systems-operations-not-impacted-stock-reaction-19328331.htm
——————————