Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Incidents

Pakistani Automotive Company Suffers Breach

December 2, 2024
Reading Time: 2 mins read
in Incidents
Pakistani Automotive Company Suffers Breach

Dewan Farooque Motors Limited (DFML) recently confirmed a cyber-attack that severely impacted its IT infrastructure, resulting in the corruption of critical corporate data and the crashing of its servers. The company disclosed the incident in a notice to the Pakistan Stock Exchange (PSX) on November 29, 2024, explaining that the attack led to the postponement of a key board meeting initially scheduled for November 28. The company emphasized that the affected data included essential financial and information systems, which would require significant time to restore.

In its statement, DFML clarified that the cyber-attack, which involved malware, had a major effect on its ability to access and recover internal records. The automaker acknowledged that the restoration process for the data, including financial reports for the first quarter ending September 30, 2024, would take considerable time and resources. As a result, the board meeting was delayed until further notice, and DFML assured stakeholders that the new meeting date would be communicated once the systems were restored.

The impact of the cyber-attack extended beyond the operational disruptions, with DFML’s stock price falling sharply. The company’s shares dropped by 3.37%, reaching Rs. 38.44, reflecting investor concerns about the long-term consequences of the breach. The malware attack underscores the increasing risks faced by businesses in today’s digital landscape, especially in the manufacturing sector, where sensitive data such as financials and HR information can be valuable targets for cybercriminals.

This cyber-attack on DFML follows a similar incident earlier this year involving Pak Suzuki Motor Company (PSMC), where sensitive corporate data was leaked due to a cyber breach. Such attacks are becoming more frequent across industries, highlighting the need for enhanced cybersecurity measures to safeguard critical business data and protect companies from financial losses, reputation damage, and legal liabilities.

Reference:

  • Cyberattack Crashes Servers and Corrupts Data at Dewan Farooque Motors Limited
Tags: Automotivecyber incidentsCyber Incidents 2024Cyber threatsDecember 2024Dewan Farooque Motors LimitedPakistanStock Exchange
ADVERTISEMENT

Related Posts

Cybersecurity Firms Hit By Breach

Bridgestone Confirms Cyberattack

September 5, 2025
Cybersecurity Firms Hit By Breach

North Korean Hackers Fake Interviews

September 5, 2025
Cybersecurity Firms Hit By Breach

Cybersecurity Firms Hit By Breach

September 5, 2025
Salesloft Drift Attacks Hits Vendors

Salesloft Drift Attacks Hits Vendors

September 4, 2025
Salesloft Drift Attacks Hits Vendors

Jaguar Land Rover Hit By Cyber Incident

September 4, 2025
Salesloft Drift Attacks Hits Vendors

Hackers Use Grok Ai To Spread Malware

September 4, 2025

Latest Alerts

SAP S4hana Exploited Vulnerability

Virustotal Finds Undetected SVG Files

Russian APT28 Deploys Outlook Backdoor

CISA Flags TP Link Router Flaws

Lazarus Hackers Exploit ZeroDay, Deploy Rats

Google Patches 120 Flaws In Android

Subscribe to our newsletter

    Latest Incidents

    North Korean Hackers Fake Interviews

    Bridgestone Confirms Cyberattack

    Cybersecurity Firms Hit By Breach

    Salesloft Drift Attacks Hits Vendors

    Jaguar Land Rover Hit By Cyber Incident

    Hackers Use Grok Ai To Spread Malware

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial