The Russia-linked ransomware group LockBit has claimed accountability for a cyberattack on Indian pharmaceutical big Granules India, and printed parts of the info it allegedly stole.
LockBit’s darkish internet leak website listed Granules India as certainly one of its newest victims on Wednesday, in response to an inventory seen by TechCrunch.
Granules India has but to verify the ransomware assault. Nonetheless, the corporate final month disclosed to Indian inventory exchanges a cybersecurity incident. On the time, it acknowledged that the affected IT property had been remoted.
“The corporate is investigating the matter with utmost precedence. The suitable containment and remediation actions are being taken in a managed method to handle the incident,” the corporate had mentioned in its inventory trade submitting (PDF) on Might 25.
Granules India didn’t reply to a request for remark. TechCrunch additionally knowledgeable the Indian Pc Emergency Response Workforce (CERT-In) concerning the incident previous to publication.
Based in 1984, Granules India is likely one of the largest Indian pharmaceutical producers in India. The Hyderabad-based firm produces many frequent off-patent medication, resembling paracetamol, ibuprofen and metformin. The corporate additionally has greater than 300 prospects in over 80 nations world wide, per the small print obtainable on its web site.
Final month, Granules India reported a 7.8% rise in quarterly revenue to $14.6 million for the quarter ended March 31. The corporate’s shares closed barely decrease at $3.50 on Thursday from the earlier share value of $3.48.
LockBit emerged as essentially the most deployed ransomware variant worldwide in 2022 and 2023 thus far, in response to a lately launched joint advisory by the U.S. federal cybersecurity company CISA and its worldwide counterparts in Australia, Canada, France, Germany, New Zealand and the UK. The ransomware gang was first noticed on Russian language-based cybercrime boards in January 2020.
In the previous couple of months, the ransomware gang claimed assaults on numerous outstanding tech corporations, together with IT providers firm Accenture and tech producer Foxconn in addition to the U.Okay. well being service vendor Superior and British postal service Royal Mail. The state of California’s finance division, the Los Angeles housing authority and monetary software program agency Ion Group are additionally among the many ransomware group’s victims.
LockBit risk actors have extorted roughly $91 million in ransoms by way of about 1,700 assaults concentrating on U.S. victims since 2020, the current advisory U.S. and worldwide joint advisory mentioned.
