Tata Technologies Confirms Ransomware Attack

Tata Technologies Reports Ransomware Incident

Tata Technologies, a firm specializing in technology and product engineering services and a subsidiary of the Tata Group, has recently announced a ransomware attack. This security breach has necessitated the temporary suspension of certain operational services.

Impact and Response

The company, which is based in Pune, India, stated on Friday that the incident impacted “a limited number of its IT assets.” Importantly, client delivery services were maintained in full working order and were not disrupted.

A thorough investigation is currently being conducted, with the assistance of cybersecurity specialists, to determine the origin of the attack and implement appropriate corrective measures. This information was conveyed in a filing (PDF) submitted to the Indian stock exchanges.

Details Remain Limited

Tata Technologies has not yet revealed specific information regarding the attack. This includes the identity of the ransomware group responsible or whether any ransom demands were met.

Company Background

Established in 1989 as a division of Tata Motors focused on automotive engineering, Tata Technologies became an independent entity in 1994.

The company delivers product engineering and research & development services to a diverse clientele. These include manufacturers in the automotive, aerospace, and heavy engineering sectors, operating across 27 nations.

Tata Technologies currently operates 20 delivery centers and employs over 12,500 individuals, according to its official website.

Recent Expansion

Prior to its initial public offering (IPO) on the Indian stock exchange in November 2023, Tata Technologies strategically expanded its global presence through acquisitions.

These acquisitions included prominent global engineering firms such as INCAT International, Cambric Corporation, and Escenda Engineering.