CARS24 alleges customer data theft in dealer leak
Used-car marketplace CARS24 has complained to cybercrime police that confidential information linked to about 3,100 customers was unlawfully taken and passed to a competing business and outside vehicle dealers, with individual sales leads allegedly offered for roughly ₹1,000 each. The company has estimated the resulting commercial loss at about ₹5.70 crore, according to details of the complaint.…
Used-car marketplace CARS24 has reported to cybercrime authorities that confidential data belonging to around 3,100 customers was unlawfully obtained and shared with a rival business and independent vehicle dealers. The company has estimated the financial impact at approximately ₹5.70 crore, which represents its assessment of the business damage caused by the incident.
This figure should not be considered a police determination or an officially confirmed value of the stolen information. The complaint alleges that the customer leads, which can include information supplied by individuals seeking to sell or buy vehicles, were misused and transferred outside of CARS24's authorized channels. The complaint calls for a cybercrime investigation into the unauthorized access, transfer, and potential monetary exchange for the compromised data.
The allegation focuses on the improper use of customer information rather than a confirmed breach of CARS24's technical systems. The details of the complaint do not confirm that hackers infiltrated the company's servers. The investigation will need to differentiate between the number of customer records potentially exposed, the value obtained from any sale of those records, and the broader commercial loss reported by CARS24.
Written by urgent.news from Arabian Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
