LockBit claims ransomware assault on pharma large Granules India
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The Russia-linked ransomware group LockBit has claimed duty for a cyberattack on Indian pharmaceutical large Granules India, and printed parts of the information it allegedly stole.
LockBit’s darkish internet leak website listed Granules India as considered one of its newest victims on Wednesday, in response to a list seen by TechCrunch.
Granules India has but to verify the ransomware assault. Nevertheless, 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 stated in its inventory alternate submitting (PDF) on Could 25.
Granules India didn’t reply to a request for remark. TechCrunch additionally knowledgeable the Indian Pc Emergency Response Group (CERT-In) in regards to the incident previous to publication.
Based in 1984, Granules India is without doubt one of the largest Indian pharmaceutical producers in India. The Hyderabad-based firm produces many widespread off-patent medication, comparable to paracetamol, ibuprofen and metformin. The corporate additionally has greater than 300 clients in over 80 international locations 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 to date, in response to a just 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 few months, the ransomware gang claimed assaults on numerous distinguished tech corporations, together with IT providers firm Accenture and tech producer Foxconn in addition to the U.Ok. 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 via about 1,700 assaults focusing on U.S. victims since 2020, the latest advisory U.S. and worldwide joint advisory stated.
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