Pune, India | January 31, 2025 – Tata Technologies Limited (NSE: TATATECH, BSE: 544028) has disclosed a cybersecurity incident involving a ransomware attack that impacted a few of its IT assets. The company, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has notified the stock exchanges about the incident.
Incident Details & Response
The company detected a ransomware attack affecting certain IT systems, prompting immediate containment measures. As a precaution, some IT services were temporarily suspended but have since been fully restored. Notably, client delivery services remained unaffected throughout the incident.Investigation & Security Measures
Tata Technologies has launched a detailed investigation in collaboration with cybersecurity experts to identify the root cause and implement remedial actions. The company reaffirmed its commitment to high security and data protection standards, taking necessary steps to mitigate any potential risks.Company Statement
Vikrant Gandhe, Company Secretary, stated:Market Impact & Outlook
While cyberattacks pose significant operational risks, Tata Technologies’ proactive containment and swift recoveryhave ensured that business continuity remains intact. Investors will be closely monitoring any further disclosures regarding the impact on financials and future cybersecurity enhancements.This notification serves as part of the company’s regulatory obligations and does not indicate any immediate financial loss or data breach impact.
For further updates, stakeholders are advised to follow the company’s official communications.