French multinational Schneider Electric said its Sustainability Business division suffered from a ransomware attack earlier this month.
Schneider Electric said they have confirmed that data was accessed by the hackers.
Bleeping Computer, which first reported the incident, said the Cactus ransomware gang is behind the attack.
The company noted that Sustainability Business is an autonomous entity operating on an isolated network infrastructure and no other Schneider Electric divisions were affected.
Cybersecurity firms have been hired to investigate the incident.
Schneider Electric - which reported a revenue of more than $37 billion in 2022 - did not respond to requests for comment about whether the Cactus ransomware group was responsible for the attack, which took place on January 17.
Microsoft warned of the Cactus ransomware in December, explaining that the group was using online advertisements to infect victims.
Incident response firm Dragos also said it is increasingly seeing Cactus ransomware used in attacks on industrial organizations, impacting manufacturing and ICS equipment and engineering sectors.
The gang took credit for an attack on Coop, one of Sweden's largest supermarket chains, around New Years.
Schneider Electric dealt with data theft by a ransomware gang last year, when the Clop ransomware group stole information from the company using a vulnerability in popular file transfer tool MOVEit.
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Jonathan has worked across the globe as a journalist since 2014.
Before moving back to New York City, he worked for news outlets in South Africa, Jordan and Cambodia.
He previously covered cybersecurity at ZDNet and TechRepublic.
This Cyber News was published on therecord.media. Publication date: Wed, 31 Jan 2024 01:14:04 +0000