Schneider Electric is investigating a cybersecurity incident involving unauthorized access to one of our internal project execution tracking platforms which is hosted within an isolated environment.
Schneider Electric, a leader in energy management and automation with annual revenue exceeding $40 billion, is now at risk of exposing sensitive customer and operational information.
HellCat allegedly stole over 40GB in compressed data, which it said it will publicly disclose if its $125,000 ransom demands are not met.
If Schneider Electric confirmed the breach the ransom would be decreased by 50%, directly addressing the firm's new CEO Olivier Blum.
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