Data breach incident at Extramarks highlights growing cybersecurity concerns in Indian companies

Extramarks Education India Pvt. Ltd., a prominent edtech company, recently experienced a data breach that resulted in the attempted leak of certain employee details and company information on the dark web, sources suggest. While the sources report that most of the data remained secure and the impact of the breach was limited, the incident has raised concerns about cybersecurity measures in various industries across India.

This incident is not unique to Extramarks Education India Pvt. Ltd. In recent years, several Indian companies across various sectors have faced cyberattacks that compromised sensitive data. In 2020, India's largest private lender, HDFC Bank, reported that its server was breached, potentially exposing its customers' data. In another incident, several Indian pharmaceutical companies were targeted by a Chinese state-sponsored hacking group, which stole sensitive research data related to COVID-19 vaccines.

The growing use of technology in various industries has made them prime targets for cyberattacks. With the rise of digital transformation, sensitive data such as customer information, financial records, and intellectual property are being stored and processed digitally, making them vulnerable to cyber threats. This incident serves as a reminder of the growing threat of cyberattacks across various industries in India.

Companies need to prioritize cybersecurity measures to protect sensitive data and maintain the trust of their stakeholders. By investing in cybersecurity measures and being transparent about any potential incidents, companies can demonstrate their commitment to data protection and build trust with their customers and employees.