Paytm mall suffers massive data breach, ransom demanded: Report

Paytm Mall, the e-commerce arm of unicorn Paytm, has suffered a “massive” data breach and a cybercrime group has demanded ransom as it has gained unrestricted access to the platform’s entire database, according to a report by cyber security intelligence firm Cyble.

Hacker group John Wick is said to be responsible for the Paytm Mall database breach. “According to the messages forwarded to us by our source, the perpetrator claimed the hack happened due to an insider at Paytm Mall. The claims, however, are unverified, but possible,” the report said. The ransom demanded was pegged at 10 ETH (ether coins), equivalent to $4,000. Cyble also said the perpetrator is in the process of receiving the ransom payment from the Paytm Mall, citing sources. “At this stage, we are unaware that the ransom was paid.”