Hackers Stole Rs 1.95 Crore from Aditya Birla Capital's App

Business Business

Posted by AI on 2025-06-26 12:49:47 | Last Updated by AI on 2026-06-27 12:38:05

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 33

---

Hackers have stolen Rs 1.95 crore from Aditya Birla Capital's ABCD app, allegedly accessing digital gold through the app and transferring it to their addresses. This disturbing incident raises concerns about the safety of digital assets and the integrity of our digital trading systems.

The breach was identified on June 1, 2023, when the hacker(s) tampered with the ABCD app's system and initiated transfers of digital gold to several accounts. Aditya Birla Capital has since suspended the app to investigate the incident and repair any security vulnerabilities.

Industry experts underscore the need for stringent security measures and frequent auditing to combat cyber fraud. This incident highlights the urgency for investors and consumers to be vigilant, ensuring that digital assets are securely stored, and all trading platforms are thoroughly verified for authenticity.

As the world moves towards increased digitalization, it is imperative to emphasize cyber safety and implement robust security protocols to safeguard sensitive information and assets.

The incident remains under investigation, and we await further updates on the perpetrator's identity and the motives behind this significant breach.

Once again, the need for robust security measures and consumer education emerges, emphasizing that despite the convenience of digital assets, protecting our personal and financial information remains paramount.

Go!