Defence Tech service provider faces data hack, suffers 50 cr losses

Defence tech provider ELCOM Innovations recently complained about its data breach, leading to confidential information hack, said police. The company that provides technology solutions to the country’s defence forces, claimed that the cyber attack has caused it an estimated loss of Rs 50 crore along with losing critical and classified data of the company.

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.

'It may also be noted that our company, ELCOM Innovations Private Limited, exclusively deals with the Defence Forces, Para Military Forces and Intelligence Agencies of the country, thereby, having access to critical and classified data,' reads the FIR.

The executive claimed that the majority of the hacked emails to be 'extremely sensitive' nature and 'of substantial financial value', owing to the fact that most of the company's solutions are customised for the agencies served.

'We estimate a financial loss of approximately Rs 50 crore, over and above the loss of goodwill and reputation in the industry,' the company official stated.

According to the police, the FIR has been lodged against an identified accused under Indian Penal Code section 420 (cheating) and section 66 of the Information Technology Act.

The police suspect the role of a company insider in the case, but a detailed investigation is underway, an official privy to the probe said.