HDFC Asset Management Company gets HC relief in cyber theft case; injunction granted against hackers

HDFC Asset Management Company gets HC relief in cyber theft case; injunction granted against hackers

MUMBAI: (Jun 1) The Bombay High Court has granted temporary injunction against a ransomware group identifying itself as “Morpheus” from distributing or disclosing confidential data exfiltrated by it from the HFDC Asset Management Company.

A vacation bench of Justice Shreeram Shirsat, in the order passed on May 29, said prima facie an arguable case was made out to grant interim relief.

“If the confidential data is misused or leaked or traded or compromised, it will lead to dreadful consequences and it can cause irreparable and irreversible damage to the plaintiff company,” the court said.

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