Indian on-line insurer Policybazaar stated on Sunday that an attacker made unauthorized entry to its IT techniques however the agency’s evaluation discovered that “no important” buyer information was uncovered — or in different phrases, some was.
Policybazaar, which sells a spread of insurance coverage protection, stated in a inventory change submitting that its IT techniques had been topic to “unlawful and unauthorized entry,” and it’s participating with authorities to take recourse.
The agency claims on its web site that it serves over 9 million clients.
PB Fintech, the holding agency of Policybazaar, which went public final yr and whose shares are buying and selling at lower than half of the debut worth, stated its evaluation recognized “sure vulnerabilities” within the IT techniques and it has patched them.
It didn’t determine what all buyer information had been uncovered, identify of the attacker(s), or what number of occasions the vulnerabilities had been exploited.
“The recognized vulnerabilities have been mounted and an intensive audit of the techniques has been initiated. The matter is presently being reviewed by the data safety crew together with exterior advisors,” the corporate stated.