Shree Cement, one of the leading cement manufacturing companies in India, reported an IT security breach on Tuesday. The company has confirmed that its IT security team took immediate action to address the incident.
The security breach Incident
In a statement issued on Wednesday, Shree Cement confirmed that it detected an IT security incident on Tuesday on its IT assets. The company stated that its IT team, as well as management, took all necessary precautions and measures to address the incident.
While the production facilities have not been affected by the breach, dispatches faced some difficulty, which has now been normalized, according to the company.
Shree Cement is still assessing whether there has been any other impact due to the incident. At present, the company has confirmed that the incident does not qualify as “material” in terms of Regulation 30 of the LODR (Listing Obligations and Disclosure Requirement).
The response
Shree Cement’s IT security team and management have taken immediate action to address the incident. The company has stated that the situation is under control, and its production facilities are functioning as usual.
The IT security team is still investigating the incident to determine the scope and impact of the breach. The company has stated that it will take all necessary measures to prevent any future incidents and ensure the security of its IT assets.
Recap
Shree Cement has confirmed that it experienced an IT security incident on Tuesday. The company’s IT security team and management took immediate action to address the incident, and the situation is now under control.
While the production facilities were not affected by the breach, dispatches faced some difficulty, which has since been resolved. The company is still assessing whether there has been any other impact due to the incident.
Shree Cement has assured its stakeholders that it will take all necessary measures to prevent any future incidents and ensure the security of its IT assets.