Incident

LockBit claims attack on brokerage firm Motilal Oswal


Learn More

The LockBit ransomware gang claims they have targeted Motilal Oswal, a leading brokerage firm in India. Motilal Oswal, established in 1987, is a prominent figure in India's financial sector, offering a wide range of services such as asset and wealth management, equity and commodity trading, investment banking, institutional broking, and mutual fund distribution.

The claim of breach was publicly made by LockBit via listing Motilal Oswal on its dark web site. LockBit alleges to have obtained "confidential company data" from Motilal Oswal.

The \operational impact on Motilal Oswal following the attack remain uncertain. Representatives of Motilal Oswal have not provided any statements, neither confirming nor denying the incident.

As the investigation by Indian authorities continues, more details may emerge regarding the extent of the breach and the measures being taken to mitigate its impact.

LockBit claims attack on brokerage firm Motilal Oswal