Marine Electricals Reports Potential Cybersecurity Incident Following Firewall Attack
Marine Electricals (India) Limited has reported observing a potential cybersecurity incident resulting from a widespread firewall attack. The company confirmed the security challenge and detailed its immediate response actions to safeguard business continuity.In response to the incident, Marine Electricals has engaged an independent firm that specializes in assessment. This expert engagement is aimed at identifying the root cause of the security incident.
The company stated that despite the nature of the attack, it has not impacted the continuity of its operations or business affairs and there does not appear to be any material impact on its overall operations. Management noted that while the risk of data loss remains remote, it cannot be entirely eliminated.
MARINE Stock Price Movement
As of 3:11 PM, shares of Marine Electricals are tumbling by 7.47%, currently trading at ₹255.35 as the stock continues to slip from its previous close. The equity has seen significant movement in live market trading, with a volume of 1.48 million shares recorded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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