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 is a B2B journalist with 25 years of experience, including covering cybersecurity for the past 17 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 Forum, BSides Scotland, Steelcon and the National Cyber Security Show, and served as editor of SC Media UK, Infosecurity Magazine and IT Security Guru. He was also an analyst with 451 Research and a product marketing lead at Tenable.
