Thomas Cook (India) Ltd, a premier travel services provider, has been a target of a cyber intrusion affecting its IT framework, as communicated by the company on Tuesday.
This breach has resulted in substantial interruptions in its functions, leading the company to promptly shut down affected systems and commence a thorough investigation.
The cyber intrusion was initially disclosed in a submission to the Bombay Stock Exchange (BSE) by Thomas Cook (India), where the incident was reported without delineating the precise timeline of the breach.
Upon acknowledging the incident, the company stated, “Upon immediate awareness of the occurrence, we have taken requisite measures to explore and counter the breach, which include shutting down affected systems.”
Actions Taken in Response
In response to the breach, Thomas Cook (India) has enlisted the expertise of leading cybersecurity professionals to evaluate the extent of the impact and execute corrective measures.
“We are collaborating with renowned cybersecurity professionals to aid our investigation, determine the scale of the issue, and address it accordingly,” added the company. The objective of this joint effort is to confine the breach, fortify the systems, and reinstate normal operations.
The ramifications of the cyber intrusion became apparent as Thomas Cook India’s website exhibited an Error 503, indicating temporary unavailability due to the attack. This breakdown has influenced the company’s online presence and could potentially disturb customer reservations and services.
The financial consequences of the breach are still under assessment. However, in the second quarter of the fiscal year 2025, Thomas Cook (India) declared a strong financial performance with a 39.8% year-on-year increase in net profit to ₹72 crore and an 8.7% rise in revenue from operations to ₹2,003.8 crore.
Nevertheless, if not promptly addressed, the cyber incident could pose hurdles to its ongoing activities and financial stability.
The company’s stocks experienced a slight descent, settling at ₹195.55, down by ₹1.05 or 0.53% on the BSE post the revelation of the cyber intrusion. This reflects investors’ apprehensions over probable operational and reputational hazards associated with such security breaches.
Further information regarding the nature of the attack or probable compromise of customer data has not been disclosed by Thomas Cook (India). Nevertheless, the primary focus remains on reinstating services and ensuring the security of the company’s IT infrastructure against future threats.
While Thomas Cook (India) endeavors to mitigate the repercussions of this attack, the broader implications for cybersecurity in corporate India are anticipated to be a subject of discourse in the near future.
The article Thomas Cook Hit by Cyber Attack, IT Systems Impacted was first seen on Cyber Security News.