Policybazar says its IT system compromised; authorities knowledgeable
New Delhi:
PB Fintech, the mum or dad firm of Policybazaar Insurance coverage Brokers Non-public Ltd, on Sunday stated that the IT system of the agency was hacked on July 19, and subsequent corrective motion was taken.
The corporate recognized sure vulnerabilities on July 19 in part of Policybazaar Insurance coverage Dealer’s IT techniques resulting in unlawful and unauthorized entry to the community.
“On this regard, Policybazaar has reached out to the suitable authorities and is taking due recourse as per regulation. The recognized vulnerabilities have been fastened, and a radical audit of the techniques has been initiated,” the insurance coverage brokerage agency stated in a regulatory submitting.
The data safety group is at the moment reviewing the matter together with exterior advisors, it stated.
“Whereas we’re within the means of endeavor an in depth evaluate, as of date, our evaluate has discovered that no important buyer information was uncovered. Policybazaar has at all times prioritized the safety and integrity of its techniques and is dedicated in direction of safety of buyer information,” it stated.
Policybazaar is into insurance coverage brokerage and shops plenty of information about its policyholders, together with their transaction particulars.
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