SpiceJet claims that Q4 2021 earnings have been postponed because to a Ransomware attack on IT systems

SpiceJet claims that Q4 2021 earnings have been postponed because to a Ransomware attack on IT syste ...

SpiceJet on Friday said the announcement of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, will be postponed due to a ransomware attack on its IT systems. In a regulatory filing, SpiceJet said it has postponed its board meeting on May 30, to examine and approve the results of the March quarter and FY 22 meetings to a later date.

We want to inform you that we are anticipating a delay in the submission of the Company''s audited standalone and consolidated financial results for the financial year ended March 31, 2022, owing to a ransomware attack on our IT systems, which has impacted the completion of the audit process in the prescribed time, according to the filing.

According to the government, the company is taking corrective measures with the help of cyber experts and authorities on the topic.

According to SpiceJet, the company''s board meeting scheduled to be held on May 30, is being postponed, and the current date of the board meeting will be revealed shortly.

The United States Department of Transportation issued a ransomware breach on SpiceJet''s flight on Tuesday.

Last night, a SpiceJet security team was confronted with an attempted ransomware hack that has disrupted our flight operations. This has had a stalemate on our flights, leading to delays, according to a SpiceJet spokesperson.

The airline in its statement said it was in contact with experts and cybercrime authorities on the matter.

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