SpiceJet postpones March quarter results after ransomware attack

SpiceJet on Friday said none of its crew and employee credentials were compromised or leaked during the attempted ransomware attack earlier this week, even as the company informed the stock exchange that the attack on its IT systems has affected its audit process, necessitating a delay in the release of quarterly earnings.

The company has postponed its quarterly results and board meeting scheduled on May 30, and a revised date will be communicated later. There was speculation regarding a possible compromise of credentials during the attack.

According to a report by CloudSEK, a cyber-security start-up, the exposed PII (personally identifiable information), IP addresses, login and other confidential details could lead to compromised accounts and render systems vulnerable to future cybersecurity attacks and data leaks.