Flipkart CEO’s E mail hacked…

In an interesting development of how even tech savvy CEOs often become victims of Cyber Crimes, it is reported (See the Report here) that Flipkart CEO’s E mail was hacked and two mails were sent from it to the company’s CFO asking for transfer of $80000/-.

Fortunately, the CFO decided to personally check with the CEO Mr Binny Bansal who immediately confirmed the fraud so that further damage could be prevented.

binny_bansal_email_hacked

The incident highlights that Cyber Criminals use well directed targeted attacks. Some times they may use sophisticated methods but many times, simple methods also work.

Preventing such frauds require building up of  an enterprise level culture of Information Security which does not stop at technological approach to information security but extends to legal and behavioural aspects.

Naavi

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
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