Breaches and incidents

Alkem Laboratories / Enzene Biosciences (India): US subsidiary email accounts compromised, fraudulent fund transfer

Alkem disclosed that email accounts of certain employees at the US subsidiary of Enzene Biosciences were compromised, resulting in a fraudulent transfer of...

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What happened

  • Alkem disclosed that email accounts of certain employees at the US subsidiary of Enzene Biosciences were compromised, resulting in a fraudulent transfer of funds; amount under investigation at filing.
  • Root cause: email account compromise (BEC).
  • Attacker: unidentified.
  • Response: independent external agencies investigating; complaints being filed with authorities.