Hacker claims theft of India’s Samco account data

A hacker claims to be selling user records associated with Indian online brokerage Samco Securities, one of the widely used platforms that offer discount brokerage accounts to the country’s exchanges.

The pseudonymous hacker listed the data allegedly breached from Samco on a well-known cybercrime forum, which they are selling for an undisclosed amount. TechCrunch obtained a sample of the allegedly stolen data, which we verified as matching customer personal data.

The sample of data contained the personally identifiable information of more than 3,000 account holders, including each user’s full name, date of birth, mobile number and email address, and the individual’s government-issued Permanent Account Number, or PAN ID.

When reached for comment, Samco told TechCrunch that there are no internal indications or reports of a data breach or leak.

“As a safeguard, our cyber security team conducts a comprehensive review to ensure the integrity and security of our systems. We have strict data protection protocols in place and continuously monitor our systems for potential vulnerabilities or breaches. Should any issues be discovered during our review, we will take immediate and appropriate action,” Manashvi Thakur, compliance officer at Samco Securities, told TechCrunch in an email.

Founded in March 2015, Samco offers a fixed-fee brokerage and investment platform for investing in stocks, futures and options, commodities and currencies.

The firm has trading apps across Android and iOS platforms with millions of downloads.

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