Saturday, October 16, 2021

Authorities likely to tighten cybersecurity Standards after BigBasket data breach

Must Read

56% of organizations suffered a ransomware attack, many paid the ransom

There is a continuing proliferation of ransomware, increased concerns about nation-state celebrities, and the demand for an acceleration of...

Google Project Zero giving The 30-day grace period for user patch adoption

Google Project Zero will be shifting from a fairly hard 90-day deadline to a new model that incorporates a...

Formbook malware Upgraded as an XLoader malware to Attack macOS Systems

Researchers have spotted an upgraded malware variant of Formbook malware which is now Upgraded as an XLoader malware to...

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.

a2434345d63481a40f0d145881b41013?s=96&d=mm&r=g
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.

Leave a reply

Please enter your comment!
Please enter your name here

Latest News

Unified endpoint management automation software to boost endpoint security

Endpoints are constantly connected to the internet, so they offer a gateway for cyberattacks. Endpoint security is simply the process...

Attackers Using Morse Code in phishing campaign to Evade Detection

Microsoft on Thursday revealed the techniques used by attackers to avoid detection using morse code in the phishing campaign.Microsoft also revealed the workings of...

Murata Manufacturing suffers data breach of employees and customer

Japanese electronic components manufacturer Murata has released an apology Notice for the data breach of thousands of files in June that contained bank account...

Everything about Signalling System 7(SS7)

Signaling System 7 (SS7) is an international telecommunication protocol standard that controls and regulates the network elements in a public switched telephone network (PSTN)....

Zimbra flaw lets attackers access the mail servers

Researchers discovered a flaw in the open-source Zimbra code. As a result, an attacker would gain unrestricted access to all sent and received emails...

More Articles Like This