What happened in the Moneycontrol data breach?
Twingate Team
•
May 13, 2024
In April 2021, Moneycontrol, an online Indian financial platform, experienced a data breach that became public. The breach involved unauthorized access to user data, which was later posted for sale on the dark web. Moneycontrol responded by resetting passwords for some users and claimed that the leaked data was from an old data set, ensuring that current users' information was safe. The exact date of the original breach remains unclear, but the breached data suggests that the file was created in September 2017.
How many accounts were compromised?
The breach impacted data related to approximately 763,000 individuals.
What data was leaked?
The data exposed in the breach included email addresses, genders, geographic locations, passwords, and phone numbers.
How was Moneycontrol hacked?
The Moneycontrol data breach details remain scarce, as the articles do not provide specific information on how the breach occurred or the methods used by hackers. However, it is mentioned that passwords were stored in plain text, which is a vulnerability that allowed the leaked data to be verified. Moneycontrol has since reset passwords for some users and claims that the leaked data is old, ensuring current users' information is safe.
Moneycontrol's solution
In response to the data breach, Moneycontrol took action to protect its users and mitigate the potential impact of the hack. The company reset passwords for some users, citing an updated password policy, and reassured users that the leaked data was from an old data set. Moneycontrol's Chief Technology Officer for Digital at Network18, Pandurang Nayak, stated on Twitter that the organization takes information security seriously. While specific enhanced security measures were not detailed in the available sources, Moneycontrol's actions demonstrate their commitment to user security and addressing the breach.
How do I know if I was affected?
It is not mentioned whether Moneycontrol reached out to affected users. If you believe you may have been affected by the breach, you can visit HaveIBeenPwned to check your credentials.
What should affected users do?
In general, affected users should:
Change Your Password: Immediately update your password for the breached account. Make sure the new password is strong and unique, not previously used on any other platform.
Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.
Enable Two-Factor Authentication (2FA): Activate 2FA on the breached account and any other important online accounts. Consider enabling this additional security feature to significantly reduce the risk of unauthorized access.
For specific advice on Moneycontrol's data breach, reach out to Moneycontrol's support directly.
Where can I go to learn more?
For more information on the Moneycontrol data breach, check out the following news articles:
Rapidly implement a modern Zero Trust network that is more secure and maintainable than VPNs.
What happened in the Moneycontrol data breach?
Twingate Team
•
May 13, 2024
In April 2021, Moneycontrol, an online Indian financial platform, experienced a data breach that became public. The breach involved unauthorized access to user data, which was later posted for sale on the dark web. Moneycontrol responded by resetting passwords for some users and claimed that the leaked data was from an old data set, ensuring that current users' information was safe. The exact date of the original breach remains unclear, but the breached data suggests that the file was created in September 2017.
How many accounts were compromised?
The breach impacted data related to approximately 763,000 individuals.
What data was leaked?
The data exposed in the breach included email addresses, genders, geographic locations, passwords, and phone numbers.
How was Moneycontrol hacked?
The Moneycontrol data breach details remain scarce, as the articles do not provide specific information on how the breach occurred or the methods used by hackers. However, it is mentioned that passwords were stored in plain text, which is a vulnerability that allowed the leaked data to be verified. Moneycontrol has since reset passwords for some users and claims that the leaked data is old, ensuring current users' information is safe.
Moneycontrol's solution
In response to the data breach, Moneycontrol took action to protect its users and mitigate the potential impact of the hack. The company reset passwords for some users, citing an updated password policy, and reassured users that the leaked data was from an old data set. Moneycontrol's Chief Technology Officer for Digital at Network18, Pandurang Nayak, stated on Twitter that the organization takes information security seriously. While specific enhanced security measures were not detailed in the available sources, Moneycontrol's actions demonstrate their commitment to user security and addressing the breach.
How do I know if I was affected?
It is not mentioned whether Moneycontrol reached out to affected users. If you believe you may have been affected by the breach, you can visit HaveIBeenPwned to check your credentials.
What should affected users do?
In general, affected users should:
Change Your Password: Immediately update your password for the breached account. Make sure the new password is strong and unique, not previously used on any other platform.
Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.
Enable Two-Factor Authentication (2FA): Activate 2FA on the breached account and any other important online accounts. Consider enabling this additional security feature to significantly reduce the risk of unauthorized access.
For specific advice on Moneycontrol's data breach, reach out to Moneycontrol's support directly.
Where can I go to learn more?
For more information on the Moneycontrol data breach, check out the following news articles:
Rapidly implement a modern Zero Trust network that is more secure and maintainable than VPNs.
What happened in the Moneycontrol data breach?
Twingate Team
•
May 13, 2024
In April 2021, Moneycontrol, an online Indian financial platform, experienced a data breach that became public. The breach involved unauthorized access to user data, which was later posted for sale on the dark web. Moneycontrol responded by resetting passwords for some users and claimed that the leaked data was from an old data set, ensuring that current users' information was safe. The exact date of the original breach remains unclear, but the breached data suggests that the file was created in September 2017.
How many accounts were compromised?
The breach impacted data related to approximately 763,000 individuals.
What data was leaked?
The data exposed in the breach included email addresses, genders, geographic locations, passwords, and phone numbers.
How was Moneycontrol hacked?
The Moneycontrol data breach details remain scarce, as the articles do not provide specific information on how the breach occurred or the methods used by hackers. However, it is mentioned that passwords were stored in plain text, which is a vulnerability that allowed the leaked data to be verified. Moneycontrol has since reset passwords for some users and claims that the leaked data is old, ensuring current users' information is safe.
Moneycontrol's solution
In response to the data breach, Moneycontrol took action to protect its users and mitigate the potential impact of the hack. The company reset passwords for some users, citing an updated password policy, and reassured users that the leaked data was from an old data set. Moneycontrol's Chief Technology Officer for Digital at Network18, Pandurang Nayak, stated on Twitter that the organization takes information security seriously. While specific enhanced security measures were not detailed in the available sources, Moneycontrol's actions demonstrate their commitment to user security and addressing the breach.
How do I know if I was affected?
It is not mentioned whether Moneycontrol reached out to affected users. If you believe you may have been affected by the breach, you can visit HaveIBeenPwned to check your credentials.
What should affected users do?
In general, affected users should:
Change Your Password: Immediately update your password for the breached account. Make sure the new password is strong and unique, not previously used on any other platform.
Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.
Enable Two-Factor Authentication (2FA): Activate 2FA on the breached account and any other important online accounts. Consider enabling this additional security feature to significantly reduce the risk of unauthorized access.
For specific advice on Moneycontrol's data breach, reach out to Moneycontrol's support directly.
Where can I go to learn more?
For more information on the Moneycontrol data breach, check out the following news articles:
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