BAJAJ BROKING
Star Health Insurance experienced a major data breach involving over 31 million customers. Allegedly sold by the CISO, the data is now being sold by a hacker for $150,000. Yesterday, Star Health Insurance's share price closed at ₹575.10, up 0.75%.
Star Health Insurance, one of India’s leading health insurers, recently experienced a massive data breach affecting over 3.1 crore customers. Sensitive personal data was allegedly sold to hackers by Amarjeet Khanuja, the company’s Chief Information Security Officer (CISO), according to claims made on a hacker website.
The hacker, identified as xenZen, alleged that Khanuja sold the personal data of millions of Star Health Insurance customers and later attempted to renegotiate the deal, demanding more money on behalf of senior management for continued backdoor access.
The hacker is now offering to sell the entire dataset for $150,000 or in smaller batches of 100,000 entries for $10,000.
In response to these allegations, Star Health Insurance acknowledged that it had been the target of a "malicious cyberattack" leading to unauthorised access to customer data. However, the company stressed that their services remain unaffected.
Star Health also defended its CISO, stating that he is cooperating in the investigation, and no findings of wrongdoing have been made against him.
The company emphasised that the hacker's claims aim to incite panic, and any unauthorised handling of customer data is illegal.
The data breach, which exposed over 7.24 terabytes of customer information, has severe implications for those affected. The leaked information includes full names, PAN numbers, phone numbers, email addresses, medical conditions, policy details, and even biometric data like Aadhaar card and PAN card photos.
This breach follows a lawsuit filed by Star Health Insurance last month against Telegram and a hacker. It was revealed that Telegram bots were leaking personal data and medical reports of policyholders.
On Wednesday, Star Health Insurance share price remained stable, closing 0.75% higher at ₹575.10. Year-to-date (YTD) in 2024, the stock has delivered a modest return of 5.46%. Investors will closely monitoring Star Health Insurance share price today.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Standard Deviation: Meaning, How To Use and Calculate
14 Dec, 2024 | 5 Min. read
Business Forecasting: Definition, Methods, and Models
14 Dec, 2024 | 8 Min. read
Modern Portfolio Theory (MPT): Definition, Types & How To Use
14 Dec, 2024 | 8 Min. read
ASM & GSM Meaning - List of ASM & GSM Stocks
14 Dec, 2024 | 7 Min. read
Bollinger Bands: Meaning, How To Interpret and Use
14 Dec, 2024 | 7 Min. read
Hedging: Meaning, Types, Risks and Strategie
14 Dec, 2024 | 6 Min. read
Nifty Healthcare Index
14 Dec, 2024 | 1 Min. read
What Is Nifty BeES? A Guide to Its Benefits and Working
14 Dec, 2024 | 6 Min. read
Moving Averages Indicator: Variations & Examples
13 Dec, 2024 | 4 Min. read
Learn Everything About Breakout Trading
13 Dec, 2024 | 8 Min. read
Gold Price in India | Gold Drops 1% After Reaching Five-Week High
13 Dec, 2024 | 39 Min. read
Statement of Account and Demat Account: Meaning & Differences
13 Dec, 2024 | 4 Min. read
RBI Launches ULI: Transforming Loan Access
August 27, 2024 | 4 Min. read
Textile Sector in India
September 20, 2024 | 5 Min. read
List of IPOs with DRHPs Filed
November 30, 2023 | 3 Min. read
Aditya Birla Group
September 28, 2023 | 10 Min. read
Bajaj Housing Finance Ltd IPO: Things Smart Investors Need to Know
September 05, 2024 | 4 Min. read
Budget Stock Ideas 2024-2025 | Stocks to Buy Today
July 24, 2024 | 4 Min. read
IPO Eligibility Criteria : Full Details
March 15, 2024 | 6 Min. read
What Is the Lock-In Period in IPOs?
October 18, 2023 | 6 Min. read
Godfrey Phillips Announces 2:1 Bonus Shares
September 16, 2024 | 7 Min. read
Jindal Group- A Comprehensive Analysis
September 27, 2024 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading