Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Digital gold hack puts APIs in spotlight, ABCD ups security
Mint Ahmedabad
|June 30, 2025
Company found digital gold from 435 accounts sold without authorization on 9 June
Aditya Birla Capital Digital (ABCD) has restored client gold lost to hackers and conducted a forensic audit of the matter, even as the breach highlights vulnerabilities around application interface protocols (APIs) that helps apps work with each other.
On 24 June, ABCD filed a first information report (FIR) with the cyber cell of the Mumbai Police, stating digital gold of ₹1.95 crore was sold off without customer consent. The company's information security team found digital gold from 435 accounts was sold without authorization on 9 June. The complaint also said an unknown person had hacked the API endpoint of the ABCD app.
Digital gold allows customers to own gold without having to store it physically. These are backed by gold stored in vaults. Mint has seen a copy of the FIR.
Denne historien er fra June 30, 2025-utgaven av Mint Ahmedabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Ahmedabad
Mint Ahmedabad
India's Industrial Growth Isn't as Satisfactory as It's Made Out To Be
An alternative reading of data points to a manufacturing underperformance that needs to be addressed as a policy priority
4 mins
September 15, 2025
Mint Ahmedabad
Diwali Hampers Get Makeover With Insurgent Brands
Insurgent brands don't just sell products; they build relationships
3 mins
September 15, 2025
Mint Ahmedabad
ATM firm India's founder takes strategic role amid banktech push
Indial Payments, the largest white-label ATM operator in the country, is undergoing a leadership transition as it pivots towards digital services by launching a banking technology arm to offset sluggish ATM growth in India.
2 mins
September 15, 2025
Mint Ahmedabad
Yuan versus the dollar: Propose a third option
As China attempts to globalize its legal tender; America guards the supremacy of its own and digital currencies gain traction, India should revive Keynes' idea of a global trade currency
2 mins
September 15, 2025
Mint Ahmedabad
UBL expects 6-7% volume growth
Leading beer maker United Breweries Ltd (UBL) expects a 6-7% volume growth this fiscal despite the impact of rains in some of the key states during the second quarter, said its chief executive officer and managing director Vivek Gupta.
1 min
September 15, 2025
Mint Ahmedabad
Hiring executive assistants to strike work-life balance
EAs are not just for top bosses anymore. Many more people are shelling out for assistants to help balance their lives
3 mins
September 15, 2025
Mint Ahmedabad
Why Meme Marketers Hate Congratulations
With more budgets moving to influencer and meme marketing, it's sometimes hard to tell what is an ad and what isn't
4 mins
September 15, 2025
Mint Ahmedabad
Finding inspiration in natural light
'If you're fortunate to have natural light in your workspace, you must make the most of it'
2 mins
September 15, 2025
Mint Ahmedabad
Tractor sales set for 10% rise in FY26
According to TMA, the total domestic tractor sales grew 7.3% in FY25 was driven by factors such as a good monsoon
1 min
September 15, 2025
Mint Ahmedabad
Britannia to leverage its core skills, no price war
With rising competition from regional players, Britannia Industries is taking a localised approach of looking \"at India not just as one country but as many countries within\" to stay ahead of rivals and scale up the strategy going forward, said vice chairman and managing director Varun Berry.
1 min
September 15, 2025
Listen
Translate
Change font size