SpiceJet experiences ransomware assault on IT methods, defers This autumn incomes bulletins, ET TravelWorld News, ET TravelWorld

SpiceJet experiences ransomware attack on IT systems, defers Q4 earning announcements
no-frills airline SpiceJet mentioned that the announcement of its audited standalone and consolidated financial outcomes for the quarter and monetary 12 months ended March 31, will get delayed as a result of a ransomware assault on its IT methods, In a regulatory submitting, SpiceJet mentioned that it has postponed its board assembly on May 30, to think about and approve the corporate’s March quarter and FY 22 outcomes to a later date.

“We wish to inform you that we are expecting a delay in submission of audited standalone and consolidated financial results of the Company for the financial year ended March 31, 2022 with stock exchange… due to ransomware attack on our IT systems which has affected the completion of the audit process within the stipulated time,” the submitting added.

The firm is taking the corrective measures with help of cyber consultants and authorities on the problem, it mentioned. “Accordingly, the board meeting of the company scheduled to be held on May 30, is being postponed and the revised date of the board meeting… will be communicated shortly,” SpiceJet mentioned.

Several SpiceJet flights have been delayed on Tuesday as a result of a ransomware assault on its system. “Certain SpiceJet methods confronted an tried ransomware assault final evening that has impacted our flight operations. While our IT crew has to a big extent contained and rectified the scenario, this has had a cascading impact on our flights resulting in delays,” a SpiceJet spokesperson had said in a statement on May 25.

The airline in the statement also informed that it was in touch with experts and cyber crime authorities on the issue.

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