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(20 Dec 2023, 12:08)

HCL Tech slides after ransomware incident on cloud project

HCL Technologies fell 1.32% to Rs 1,468.50 after the IT major informed that it faced a ransomware attack in an isolated cloud environment for one of its projects.


However, the firm stated there has been no impact observed due to this incident on the overall HCLTech network.

In an exchange filing, the IT company said, “Cybersecurity and data protection is a top priority for HCLTech. A detailed investigation is underway in consultation with relevant stakeholders to assess the root cause and take remedial action as necessary.”

HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P).

The IT major reported 8.43% rise in consolidated net profit to Rs 3,832 crore on 1.43% increase in revenue from operations to Rs 26,672 crore in Q2 FY24 over Q1 FY24.


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