Skip to content
Search

Latest Stories

Submit Guest Post

India’s Paytm Confirms Consumer Data Safe After Founder’s Personal Data Stolen

Easterneye.Biz Staff
By Easterneye.Biz StaffOct 23, 2018
Easterneye.Biz Staff
See Full Bio

India's top digital payments company Paytm said on Tuesday (23) its consumer data was safe after police arrested three people, including the company's spokeswoman, over allegations that they tried to blackmail its founder and extort nearly $3 million by threatening to leak personal data.

"This is a case of personal data theft of Vijay Shekhar Sharma, where three arrests were made yesterday," the company said in a statement. "Paytm would like to reiterate that all our consumer data is protected with the highest & most impenetrable levels of security."

The company said it would not comment further, pending the police investigation.

Reuters

india's paytmindiacustomer data
Add EasternEye As Your Trusted Source
preferred source on google news

Related News

Sanjay Bhandari's extradition appeal opens in London
Business

Sanjay Bhandari's extradition appeal opens in London

Rupert Murdoch looks on as he walks on the day of the hearing on the contentious matter of succession of Rupert Murdoch's global television and publishing empire, in Reno, Nevada, US, September 23, 2024. (Photo: Reuters)
Business

Murdoch's bid to secure eldest son's control of media empire fails

Kamlesh Pattni faces UK sanctions for illicit gold trade
Business

Kamlesh Pattni faces UK sanctions for illicit gold trade

Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi on December 4, 2024. (Photo: Getty Images)
Business

India appoints Sanjay Malhotra as new central bank governor

EasternEye

More For You

Metro Bank

Metro Bank is exploring a sale three years after a £925m rescue deal brought Colombian billionaire Jaime Gilinski Bacal in as its majority shareholder

iStock

Three years after its £925m rescue, Metro Bank is looking for a buyer

  • Metro Bank has invited potential buyers to consider a takeover, although it says no active negotiations are under way
  • Majority shareholder Jaime Gilinski Bacal could make an estimated £427m paper gain on his investment
  • The lender has returned to profitability after cutting costs, reducing its workforce and shifting towards specialist lending

Metro Bank is looking for a buyer three years after a £925m rescue deal, opening the possibility of a lucrative exit for Colombian billionaire Jaime Gilinski Bacal, whose investment has risen sharply in value during the lender's turnaround.

The London-based bank announced on November 12 that it had begun a formal sale process as part of a wider strategic review. Its shares rose by around 7 per cent following the announcement, valuing the business at approximately £1.3bn during Thursday's trading.

Keep ReadingShow less