alphv attacks SRM Technologies

Incident Date:

July 24, 2022

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Overview

Title

alphv attacks SRM Technologies

Victim

SRM Technologies

Attacker

Alphv

Location

Chennai, India

Tamil Nadu, India

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

Recent Ransomware Attacks

The Recent Ransomware Attacks (RRA) site acts as a watchtower, providing you with near real-time ransomware tracking of attacks, groups and their victims. Given threat actors’ overarching, lucrative success so far, ransomware attacks have become the most ubiquitous, and financially and informationally impactful cyber threat to businesses and organizations today.

The site’s data is generated based on hosting choices of real-world threat actors, and a handful of other trackers. While sanitization efforts have been taken, we cannot guarantee 100% accuracy of the data. Attack updates will be made as source data is reported by reputable sources. By viewing, accessing, or using RRA you acknowledge you are doing so at your own risk.