Tata Technologies confirmed that a ransomware attack temporarily suspended some IT services. However, the company assured stakeholders that all affected services have been fully restored. In an official statement, Tata emphasized that its client delivery services remained fully functional and unaffected throughout the incident.
Tata Technologies Strengthens Security and Advocates for Workforce Upskilling
The company has engaged cybersecurity experts to conduct a detailed investigation into the cause of the attack and implement necessary remedial actions. Tata reiterated its commitment to upholding high security and data protection standards, ensuring all necessary measures are taken to mitigate potential risks. No additional details about the attack have been shared.
In a related development, Tata Technologies emphasized the need for greater investment in upskilling India’s workforce for Industry 4.0. Ahead of the Union Budget, CEO and MD Warren Harris stressed the importance of policies that promote innovation, emerging technologies, and product development “in India, for India, and the world.” He highlighted the crucial role of smart manufacturing, AI, digital transformation, and software-defined vehicles in driving India’s growth.
Harris Calls for R&D Support Amid Rising Ransomware Threats
He urged the government to provide support by offering incentives for research and development, skill development, and infrastructure improvement. Harris particularly emphasized the need for more funding to boost upskilling programs, allowing workers to thrive in advanced technologies such as AI, IoT, and cybersecurity.
Ransomware attacks, like the one faced by Tata Technologies, involve malicious software that encrypts a victim’s data, with attackers demanding payment to restore access. According to Zscaler ThreatLabz 2024 Ransomware Report, these attacks are increasingly being used as a form of extortion. In fact, ransomware incidents rose by 55% in 2024, with India ranking second in the Asia Pacific and Japan region for such attacks. The manufacturing sector is especially at risk, responsible for nearly 29% of all ransomware incidents.
Summary:
Tata Technologies experienced a ransomware attack that temporarily disrupted some IT services but assured that client services remained unaffected. The company is investigating the cause and strengthening security measures. CEO Warren Harris also advocated for increased investment in workforce upskilling and R&D support, emphasizing the importance of emerging technologies.
