Friday, July 23, 2021

Authorities likely to tighten cybersecurity Standards after BigBasket data breach

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NEW DELHI: Faced with the latest spate of cyber breaches ranging from this on Prime Minister Narendra Modi’s site to e-commerce businesses, the government is currently working towards trimming data storage and safety standards to prevent any significant incident that may place citizens’ data in danger.

E-grocer BigBasket was the latest to endure with the information of two crore users believed to have been busted. A hacker is thought to have placed this information available for approximately Rs 30 lakh.

Separately, a combined Parliamentary panel had sought information from electronic firms in their protocols to assess data breach.

“We’re worried by the violation of information from e-commerce along with other businesses. There will be follow-up activities from the regulatory area to see that customer information is kept firmly by firms and financial institutions,” said a senior administration official.

Lately, e-grocer BigBasket landed into a soup as it inadvertently places the information of more than two crore users stake.

A hacker has set the information available for approximately Rs 30 lakh.

Confirming the development, BigBasket explained they are assessing the extent of the violation and credibility of the claim in consultation with cybersecurity specialists.

“We also have complained with the Cyber Crime Mobile in Bengaluru and wish to pursue this aggressively to bring the offenders to book,” it stated.

Cybersecurity experts say it’s almost impossible to pull data once on the darknet.

“Data security is still one of the final priorities for several e-commerce businesses regardless of the Data Protection Bill, 2019 tabled from the authorities this past year.

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Priyanshu Vijayvargiya
Founder and Editor-in-Chief of 'Virtualattacks Inc' Priyanshu Vijayvargiya is a cybersecurity analyst, Information Security professional, developer, and a white hat hacker.

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