boAt Begins Probe After Personal Data Of Over 7.5 Mn Users Leaked On Dark Web

boAt Begins Probe After Personal Data Of Over 7.5 Mn Users Leaked On Dark Web

SUMMARY

The audio products and smartwatch maker said that the company is currently conducting an investigation on the issue

Boat is aware of recent claims regarding a potential data leak involving customer information: Company spokesperson

The personal data of more than 7.5 Mn boAt customers allegedly surfaced on the dark web, comprising sensitive information such as names, addresses, contact numbers, email IDs, and customer ID

Hours after reports surfaced that personal data of over 7.5 Mn boAt users were allegedly leaked on the dark web, the audio products and smartwatch maker said that it has started an investigation into the matter.

“boAt is aware of recent claims regarding a potential data leak involving customer information. We take these claims seriously and have immediately launched a comprehensive investigation,” a company spokesperson said.

Although the exact cause still remains uncertain, it is expected that the breach was due to an internal issue or a misconfigured third-party database.

The personal data of more than 7.5 Mn boAt customers allegedly surfaced on the dark web, comprising sensitive information such as names, addresses, contact numbers, email IDs, and customer IDs. This data, totalling around 2GB, is reportedly available for sale.

On April 5, an individual identifying as ShopifyGUY asserted responsibility for infiltrating the data of boAt Lifestyle, a manufacturer of audio products and smartwatches. The hacker disclosed a trove of breached files containing PII details for approximately 7,550,000 customers.

Founded by Aman Gupta and Sameer Mehta in 2015, boAt operates in the larger audio and wearables markets and sells products such as headphones, smart watches and speakers.

boAt began making its products in India in early 2022. Its cofounder and chief marketing officer Aman Gupta said earlier that 70% of the audio device giant’s products are made in India as of 2023.

boAt’s sales crossed the INR 3,000 Cr mark in the financial year ended March 31, 2023. The Delhi NCR-based startup’s operating revenue rose 18% to INR 3,376.7 Cr in the financial year 2022-23 (FY23) from INR 2,873 Cr in the previous fiscal year.

boAt earned INR 2,350.8 Cr in FY23 from the audio segment, which accounted for 70% of its operating revenue. The wearable segment contributed INR 901.5 Cr to boAt’s topline in the year.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

boAt Begins Probe After Personal Data Of Over 7.5 Mn Users Leaked On Dark Web-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

boAt Begins Probe After Personal Data Of Over 7.5 Mn Users Leaked On Dark Web-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

boAt Begins Probe After Personal Data Of Over 7.5 Mn Users Leaked On Dark Web-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

boAt Begins Probe After Personal Data Of Over 7.5 Mn Users Leaked On Dark Web-Inc42 Media
boAt Begins Probe After Personal Data Of Over 7.5 Mn Users Leaked On Dark Web-Inc42 Media
You’re in Good company