HomeSecurityHacker claims to have stolen Samco account data

Hacker claims to have stolen Samco account data

A hacker claims to be selling user records related to Indian online brokerage Samco Securities, one of the widely used platforms that offers discount trading accounts for the country's stock exchanges.

See also: Australia: MediSecure suffers data breach

Hacker Samco

The hacker posted the data allegedly breached from Samco on a well-known cybercrime forum ,which he is selling for an undisclosed amount.

The data sample contained the personally identifiable information of more than 3,000 account holders, including each user's full name, date of birth, mobile phone number and email address, and the individual's permanent account number or PAN.

When asked for comment, Samco said there were no internal indications or reports of a data breach or hacker leak

See also: Android adds anti-theft data protection

“As a precautionary measure, our cybersecurity team is conducting a comprehensive review to ensure the integrity and security of our systems. We have strict data protection protocols in place and are constantly monitoring our systems for any vulnerabilities or breaches. If any issues are discovered during our review, we will take immediate and appropriate action,” said Manashvi Thakur, Chief Compliance Officer at Samco Securities.

Hacker claims to have stolen Samco account data

Samco, founded in March 2015, provides a fixed-fee brokerage and investment platform for investments in stocks, futures and options, commodities and currencies.

The company has trading apps on Android and iOS, with millions of downloads.

See also: Abuse of Windows Quick Assist to distribute Black Basta ransomware

What are the key security measures to protect personal information?

One of the key security measures to protect personal information from hacker attacks, such as the one at Samco, is to use strong and unique passwords. Passwords should include a combination of letters, numbers, and special characters and should not be used for multiple accounts. Enabling multi-factor authentication (MFA) is another important measure, as it adds an extra layer of security by requiring users to verify their identity through a second factor. Regularly updating software and applications is critical to protect against vulnerabilities and attacks. Using antivirus and anti-malware software is essential to detect and prevent attacks. Educating and raising user awareness about threats and social engineering techniques, such as phishing, is vital.

Source: techcrunch

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Absentee Mia
Absentee Miahttps://www.secnews.gr/politiki-syntaxis/
Member of the Editorial Team of SecNews. He writes about cybersecurity, online fraud, privacy and technology. All articles follow the SecNews Editorial Policy.

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