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"The volume of data breached is currently unknown. Cyble claims that attackers have demanded 10 ETH, equivalent to USD 4,000." —The attackers clearly don't know
by saptarshinath 6y ago
"The volume of data breached is currently unknown. Cyble claims that attackers have demanded 10 ETH, equivalent to USD 4,000."
—The attackers clearly don't know anything about Paytm. $4000 is likely their marketing budget per minute!
Seriously though, Paytm users have had to face fraud on their platform for so long (for instance, here: https://www.moneycontrol.com/news/business/all-you-need-to-know-the-paytm-kyc-scam-how-to-avoid-it-4673171.html https://www.moneycontrol.com/news/business/all-you-need-to-k...) that I'm surprised they haven't got some steps in order already.
The weakest link in cybersecurity is the people though. And PayTM has a lot of them!