“This is to inform you that HCLTech has become aware of a ransomware incident in an isolated cloud environment for one of its projects. There has been no impact observed due to this incident on the overall HCLTech network,” the Noida-based company said in an exchange filing on Wednesday.
The company added that data protection and cybersecurity is a top priority. “A detailed investigation is underway in consultation with relevant stakeholders to assess the root cause and take remedial action as necessary,” the statement added.
The company’s shares traded flat on the BSE during morning trade. The disclosure was made before the markets opened for trading.
This attack comes at a time when the IT services sector is facing sustained macro-economic headwinds impacting technology spending.
In the past couple of weeks, HCLTech has announced the opening of a new delivery centre in Romania, a five-year deal extension from Swedish manufacturer Husqvarna Group, and a deal from Department of Transport and Planning in Victoria, Australia. The company also saw one of its UK JV partners State Street Corporation part ways by buying out HCLTech’s share for $170 million.
Discover the stories of your interest
