Threat actor demands $125,000 ransom payment.
Schneider Electric has disclosed an ongoing investigation into the breach of one of its internal project execution tracking platforms.
According to The Record, Schneider Electric’s Atlassian Jira system was claimed to have been compromised by the HellCat ransomware operation - who said that almost 40GB of project data and user details have been exfiltrated.
The gang threatened to leak the information if it was not paid a $125,000 ransom.
“Schneider Electric is investigating a cybersecurity incident involving unauthorized access to one of our internal project execution tracking platforms which is hosted within an isolated environment,” the company said.
Written by
Dan Raywood
Senior Editor
SC Media UK
Dan Raywood is a B2B journalist with more than 20 years of experience, including covering cybersecurity for the past 16 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes.
He has spoken at events including 44CON, Infosecurity Europe, RANT Conference, BSides Scotland, Steelcon and ESET Security Days.
Outside work, Dan enjoys supporting Tottenham Hotspur, managing mischievous cats, and sampling craft beers.
