Technisanct disclosed a data breach in a leading online trading platform in India, where information of more than 3.4 million customers was compromised.
- Technisanct disclosed a `serious data breach’ in a trading platform in India.
- The details in the database could be used by Cyber Criminals to target the victims of the breach through various scams online and phone.
Technisanct disclosed a data breach in a leading online trading platform in India, where information of more than 3.4 million customers was compromised.
Technisanct is a big data cybersecurity startup in Kochi and headquartered in Bengaluru, Karnataka.
According to the statement from the company, the data breach impacted the information of over 3.4 million customers.
The exposed information includes Personal Identifiable Information (PII) such as name, customer ID, contact number, email ID, trade login ID, branch ID, city and country.
Technisanct’s digital risk monitoring tool `Integrite’ identified the security breach. The customer’s data was put up for sale on a data-sharing platform on June 15, and the incident has been reported to the Computer Emergency Response Team (CERT) by Technisanct.
“The lack of data security authority in India has resulted in a massiveincrease in the number of such cases. Even while breaches are identified, non-existence of a regulatory body paves the way to repeated breaches with the same brand," said Nandakishore Harikumar, founder and CEO of Technisanct.
He said that such incidents raise the possibilities of financial frauds among Indians. The details in the database could be used by Cyber Criminals to target the victims of the breach through various scams online and phone.
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