Critical and classified data of a Noida-based private company, providing technology solutions to the country s defence forces, has been allegedly hacked, leading to theft of confidential information, police said on Monday. The company, ELCOM Innovations, claimed that the cyber attack has caused it an estimated loss of Rs 50 crore. An FIR has been lodged in connection with the case at the Sector 39 police station, while an investigation has been launched by the Cyber Cell, a police official said. It is, hereby, informed that on account of the hacking of my emails along with the emails of other members of my department, the company has incurred heavy financial losses and irreparable damage to its reputation, a senior executive of the firm alleged in the FIR lodged on Saturday.
Defence tech service provider firm’s data hacked, company claims Rs 50-cr loss
The company could not be immediately contacted for its response.
By Mansoor| Published: 14th December 2020 5:48 pm IST
Noida: Critical and classified data of a Noida-based private company, providing technology solutions to the country’s defence forces, has been allegedly hacked, leading to theft of confidential information, police said on Monday.
The company, ELCOM Innovations, claimed that the cyber attack has caused it an estimated loss of Rs 50 crore.
An FIR has been lodged in connection with the case at the Sector 39 police station, while an investigation has been launched by the Cyber Cell, a police official said.
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Global Ventilator Market to Reach $3,110 Million by the End of 2020 Due to COVID-19 Pandemic
The global ventilator market is witnessing an exponential rise in the size of the market due to the ongoing COVID-19 pandemic. The overall market was estimated to be $1,072 million in FY 2018, and it was expected to grow at a CAGR of 7.1% in the pre-COVID scenario.
However, the COVID-19 pandemic has resulted in an extensive rise in the ventilator demand and has increased the growth rate by up to 172% in 2020. Presently, more than 45 companies are operating in this market, including already exiting healthcare companies and emerging non-healthcare companies.