FINWIRES · TerminalLIVE
FINWIRES

Update: Market Chatter: India's Tata Electronics Hit by Cyber Attack; Files Linked to Apple, Tesla Exposed Online

By

(Updates to add comment from Tata Electronics)

Indian electronics manufacturer Tata Electronics recently faced a cybersecurity incident after component design and specification papers of Apple and Tesla were posted by the ransomware group "World Leaks", according to a Reuters report on Monday, citing security researchers.

As per the security researchers, the ransomware group has posted more than 200,000 files on the dark web, Reuters said.

Tata Electronics, in its response to Reuters, said it had immediately activated its response protocols and confirmed that the incident had no impact on its operations, which continued to function normally.

The leak also allegedly contains files linked to U.S.-based car manufacturer Tesla, including documents related to vehicle drawings and manufacturing details, according to the report.

A Tata Electronics spokesperson, in an emailed reply to' request for comment, confirmed the cyberattack but reiterated that its operations across businesses were not impacted.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Related Articles

Asia

Tetratherix Joint Venture Gets Ethics Approval for Clinical Trial of Hydrogel Spacer in Cancer Treatments

Tetratherix (ASX:TTX) said its Tutelix joint venture received ethics committee approval to launch a clinical trial for hydrogel spacer in Australia, according to a Tuesday filing with the Australian bourse.The Tutelix hydrogel spacer is used during cancer treatments to protect healthy parts of the body from damage.Positive six-month follow-up data confirms an opportunity for the product beyond the prostate cancer program, providing the company with a technical basis to pursue a gynaecological cancer indication, Tetratherix Chief Technology Officer Ali Fathi said.The clinical study has completed enrolment of all 15 patients across multiple Australian sites, per the filing.

ASX:TTX
Asia

Bharat Electronics Bags New Orders Worth INR10.8 Billion

Bharat Electronics (NSE:BEL, BOM:500049) has secured additional orders worth 10.8 billion Indian rupees within one month, according to a filing to the Indian stock exchanges on Monday.Major orders received since May 25 include communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares, and services, among others.

BOM:500049NSE:BEL
Asia

Chasen Secures Solar, EV Contracts in India

Chasen 9 (SGX:5NV) secured around 470 million Indian rupees worth of solar energy and electric vehicle battery contracts in India, according to a Monday filing with the Singapore Exchange.The deals include an electronics manufacturing services contract for specialist relocation services and an integrated solar manufacturing facility contract commissioned at the Reliance Industries' Dhirubhai Ambani Green Energy Giga Complex in Gujarat.

SGX:5NV