India’s largest audio and wearables model BoAt is investigating a attainable information breach after hackers marketed a cache of alleged buyer information on-line.
A pattern of alleged buyer information was uploaded on a identified cybercrime discussion board, which incorporates full names, cellphone numbers, e mail addresses, mailing addresses and order numbers. A portion of the information that TechCrunch reviewed seems real primarily based on checks towards uncovered cellphone numbers.
The hacker stated the breach occurred in March, which led to the compromise of the information of over 7.5 million clients.
In a press release emailed to TechCrunch, BoAt stated it was investigating the matter however didn’t disclose specifics.
“BoAt is aware of recent claims regarding a potential data leak involving customer information. We take these claims seriously and have immediately launched a comprehensive investigation. At BoAt, safeguarding customer data is our top priority,” the corporate stated.
The leaked information contains references to Shopify. Indian outlet Athenil reported that the alleged hackers claimed the information was obtained through the use of credentials stolen from BoAt’s techniques.
BoAt, which counts Warburg Pincus and South Lake Funding amongst its key buyers, leads the market of wi-fi earbuds in India with almost 34% share, according to data provided by IDC. BoAt additionally dominates India’s wearable market, boasting some 26% of the market share.
In 2022, BoAt, which was valued at $300 million in its Collection B spherical of $100 million 2021, filed for its IPO to raise up to $266 million. The model, nevertheless, postponed its public itemizing plans later, after seeing a slowdown within the public market.
