A multinational biopharmaceutical company based in Pune has fallen victim to a sophisticated ransomware attack, with cybercriminals encrypting vital data and demanding $80,000 (over Rs 68 lakh) for its release. The attackers have also threatened to leak the stolen proprietary data on the dark web if the ransom is not paid, according to local police authorities.
The incident came to light when a senior executive from the company’s Pune office lodged a complaint at the Cyber Crime Police Station of Pimpri Chinchwad on Monday evening. The attack was first identified on Sunday afternoon, prompting immediate concern due to the sensitivity of the data involved.
According to initial investigations by cybercrime officials, the breach is believed to have occurred through a compromised endpoint device—most likely via a phishing email containing a malicious link.
Once the attackers gained access to the internal network, they deployed ransomware to the company’s main server and extended it to more than a dozen connected servers. Sensitive data, including proprietary pharmaceutical formulations, manufacturing protocols, and confidential business documents, was then encrypted and locked.
“A preliminary probe suggests that vulnerabilities in the company’s cybersecurity setup allowed the attackers to infiltrate its systems,” an officer from the Cyber Police Station said. “Unfortunately, a significant portion of the critical data was not backed up offline, leaving the organization exposed to potential data loss if the ransom is not paid.”
The hackers have made it clear that if their ransom demand of $80,000 is not met, the stolen data will be sold on the dark web.
So far, the company has not paid the ransom, and authorities are currently analyzing IP logs and other digital evidence to trace the origin of the attack.
Cybercrime investigators have urged all businesses to strengthen their cybersecurity measures, including regularly backing up data offline, updating firewall configurations, and educating employees about phishing threats. “This incident is a wake-up call for organizations to prioritize robust digital security,” the officer added.
Deputy Commissioner of Police (Crime) Sandeep Doiphode emphasized the growing need for enterprises to invest in both technology and skilled cybersecurity personnel. “This case underlines the urgent necessity for companies to stay ahead of evolving threats through both infrastructure and human resource development,” he said.
Police also noted that ransomware attacks typically use phishing emails and exploit weak security protocols. Payments are often demanded in cryptocurrency, making the attackers harder to trace.
The investigation remains ongoing.