Policybazaar Says Its IT System Hacked; Authorities Informed

Policybazaar Says Its IT System Hacked; Authorities Informed

New Delhi: PB Fintech, the discern organization of Policybazaar Insurance Brokers Private Ltd, on Sunday stated that the IT machine of the organization turned into hacked on July 19, and next corrective movement turned into taken.

The organization diagnosed positive vulnerabilities on July 19 in part of Policybazaar Insurance Broker’s IT structures main to unlawful and unauthorized get right of entry to to the network.

“In this regard, Policybazaar has reached out to the correct government and is taking due recourse as in line with law. The diagnosed vulnerabilities had been fixed, and an intensive audit of the structures has been initiated,” the coverage brokerage organization stated in a regulatory filing.

The statistics protection crew is presently reviewing the problem in conjunction with outside advisors, it stated.

“While we’re withinside the system of assignment an in depth evaluation, as of date, our evaluation has determined that no tremendous client information turned into exposed. Policybazaar has usually prioritized the safety and integrity of its structures and is devoted closer to safety of client information,” it stated.

Policybazaar is into coverage brokerage and shops masses of information approximately its policyholders, which include their transaction details.

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