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Broking agency Motilal Oswal Monetary Companies (MOFSL) has fallen sufferer to a cyber assault by LockBit, which has claimed to have gained entry to ‘confidential knowledge,’ based on a report by know-how information portal TechCrunch.
LockBit, a ransomware group, claimed duty for the assault on its darkish internet, doubtlessly risking the knowledge of over six million shoppers of MOFSL. The assault might additionally jeopardise firm knowledge for its different companies, together with asset administration and funding banking.
Usually, cybercriminals extort ransom funds from their victims or threaten to publish the stolen knowledge.
MOFSL didn’t reply to the e-mail queries despatched by Enterprise Customary.
In accordance with the TechCrunch report, the Pc Emergency Response Group (CERT-In) was within the strategy of taking motion.
The TechCrunch report acknowledged that the federal government company, in an electronic mail response to it, mentioned that it was conscious of the matter and was already within the strategy of taking applicable motion.
Final yr, the LockBit group additionally attacked Indian pharmaceutical firm Granules India and India’s state-owned Nationwide Aerospace Laboratories, as per TechCrunch.
Final yr, one other broking agency, Angel One, additionally suffered a breach when sure unauthorized gamers gained entry to consumer info like names, emails, and cellular numbers.
First Revealed: Feb 18 2024 | 12:29 PM IST
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