On May 3, an advertising company discovered a security breach after employees faced login issues. Hackers stole data and threatened to delete it if a ransom of approximately 5,283 USD in Bitcoin was not paid.
Mumbai police have apprehended unidentified suspects behind the breach, planning to charge them under multiple IT and criminal laws as ransomware attacks continue to surge.
The rise in ransomware incidents highlights the increasing targeting of digital assets and businesses with weak security, underlining the serious threat this poses to companies globally.
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