INSUBCONTINENT EXCLUSIVE:
The statement came after Indian stocks exchanges sought clarifications from Star
said it had received a ransom demand of $68,000 from a cyberhacker in connection with a leak of customer data and medical records.Click here
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Star, which has a roughly $4 billion market cap, is battling a reputational and business crisis since
20 that a hacker had used Telegram chatbots and a website to leak customers' sensitive data, including tax details and medical claim
papers.
The company, whose shares have declined 11 per cent, has launched internal investigations and has taken legal action against
"victim of a targeted malicious cyberattack", on Saturday revealed for the first time that in August "the threat actor demanded a ransom of
$68,000 in an email" addressed to the company's managing director and its chief executive.
The statement came after Indian stocks
exchanges sought clarifications from Star on a Friday over a Reuters report that the company was investigating allegations that its chief
security officer was involved in the data leak.
Star reiterated on Saturday it has found no wrongdoing by the official, Amarjeet Khanuja,
though the internal investigation is ongoing.
Telegram has declined to share the account details or permanently ban accounts linked to the
hacker - an individual dubbed xenZen - "despite multiple notices issued in this regard," Star said on Saturday.
Star said it has "sought
the assistance" of Indian cyber security authorities to "help us identify" the hacker.
Telegram did not respond to a request for
the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated
from a syndicated feed.)First Published: Oct 12 2024 | 7:51 PMIST
