Furniture Rental Startup RentoMojo Suffers Data Breach

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Online furniture rental startup RentoMojo has reported a data breach that may have impacted 1 lakh subscribers. In an email to its customers, the company said that attackers gained unauthorized access to customer data, including personally identifiable information, by exploiting a cloud misconfiguration through extremely sophisticated attacks, thus breaching one of its databases. However, the company assured that financial information like credit cards, debit cards, or UPI was not impacted as it was never stored in their database. The company is securing its database, implementing multi-factor authentication, conducting security audits and vulnerability assessments, and reviewing all third-party and open-source plugins and integrations to identify and mitigate further risks. With the growing reliance on digital databases, cyber attacks have become a frequent incident, and India has witnessed the second-highest number of cyber attacks, with about 20% happening in 2022, according to a Business Standard report. The mounting number of such cases has boosted the growth of companies operating in the cyber protection space. Recently, the Cyberabad police of Telangana busted a data theft gang, who were accused of stealing data from 669 Mn user accounts from 24 states and eight metropolitan cities of India. The increasing reliance on digital databases has led to a rise in cyber attacks, and data theft incidents have become more common. The Cyberabad police of Telangana recently busted a data theft gang accused of stealing data from 669 million user accounts from 24 states and eight metropolitan cities of India, including several Indian tech startups like BYJU’S, Vedantu, Paytm, PhonePe, Zomato, PolicyBazaar, CRED, BigBasket, and Upstox. This incident highlights the need for stronger cybersecurity measures and the importance of companies securing their databases to protect sensitive user information.