Alibaba-Backed Bigbasket Suffers Major Data Loss in Cyberattack

Saritha Rai has more on the BigBasket breach reported this past week:

Cyberattackers have stolen the personal details of million users of top Indian internet grocer Bigbasket, the latest e-commerce data breach to emerge as home-bound consumers flock online.

Bigbasket co-founder and chief executive officer Hari Menon confirmed the attack, which was first reported by U.S. cybersecurity researcher Cyble Inc.

Read more on Bloomberg.

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