The Society for Cyberabad Security Council (SCSC) revealedthat at least 50 IT companies have come under the threat of cyber attacks, according to The Times of India. It was found that the information was stolen by ’Ransomware’ and in return the hackers demanded for bitcoins to return the decryption keys.
The attacks are said to have been launched by Pakistani hackers operating from Turkey, Somalia and Saudi Arabia and their cyber location was traced to Pakistan.
“A few of these attacks have been sorted out although (the) majority are still being tackled. It is a sudden spurt in Ransomware attacks. Almost all the attacks in the last 10 days have originated from Pakistan,” Devraj Wodeyar, head, Cyber Security Forum that comes under Society of Cyberabad Security Council (SCSC) told the news site.
It was found that some companies directly reported this matter to the SCSC but others didn’t. Through the help of private security firms the information about other companies was discovered. Cyberabad has more than 2,500 IT companies where most of them provide the solutions to businesses across the world. One such company was demanded 1 lakh bitcoins which is equivalent to Rs. 420 crores.
“Explaining the method of attacks, officials said the proxy servers were changed every five minutes, but somehow the ethical hackers’ team managed to nail the location of the actual attackers through IP addresses, the port used and the network node,” the report adds.
It was also reported that over 7,000 websites have also been hacked by them as revenge for “Surgical Strikes” carried out by India along the Line of Control (LoC.) The names of the companies is not being given out because for security reasons.
SCSC is framing a Ransomware Remediation Plan to provide guidelines to companies to act in the event of such an attack in the future.
