alphv attacks SRM Technologies

Incident Date: Jul 24, 2022

Attack Overview
VICTIM
SRM Technologies
INDUSTRY
Business Services
LOCATION
India
ATTACKER
Alphv
FIRST REPORTED
July 24, 2022

SRM Technologies Suffers Ransomware Attack by Alphv Group

SRM Technologies, a global partner for digital, embedded, and product engineering services, has reportedly been targeted by the ransomware group Alphv. The attack was announced on the group's dark web leak site, and the victim's website is SRM Technologies. Operating in the Business Services sector, SRM Technologies is celebrated for its agile engineering approach, customer collaboration frameworks, and global delivery model.

The company, boasting a significant presence in the IT services industry, has been acknowledged for its contributions to digital innovation and transformation. Despite its robust focus on engineering and digital services, SRM Technologies has found itself susceptible to cyber threats. In 2022, it fell prey to the BlackCat ransomware group, which infiltrated its systems through a phishing attack.

The recent assault by Alphv, characterized by its aggressive tactics and swift data exfiltration, underscores the constantly evolving threat landscape in the cybersecurity realm. SRM Technologies, alongside numerous other entities, is compelled to perpetually evolve and fortify its defenses to safeguard against such incursions in the future.

Sources

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