Flipkart CEO Email Hacked, Attempt to Steal $80000

March 18, 2016 | 02:40 PM | 2 Views

The email account of Binny Bansal, CEO of e-commerce giant, Flipkart is reportedly been ‘spoofed’ and an attempt made to steal $80,000 using his email address.

The incident took place two weeks back, when a seemingly official mail went from Bansal to the company’s CFO Sanjay Baweja asking him to transfer $80,000. The crime-in-progress was stopped after Baweja, noting the oddity of the request checked with Bansal in person.

Flipkart said an official complaint has been lodged with the police.

Initial media reports citing police sources said that the spoof mails originated from Hong Kong and Canada using a server in Russia,

The incident was first reported as a hacking incident. A Flipkart spokesperson later clarified that it was a case of spoofing and not hacking.

In a statement issued the company said, “We would like to clarify it is not a case of hacking. Flipkart’s corporate email system leverages the highest standards of security including but not limited to two factor authentication. We have filed a case of email spoofing which involves use of a forged email header to make it look like a legitimate email. This case of email spoofing was immediately detected and a report was filed with the police.”

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