Topics

Latest

AI

Amazon

Article image

Image Credits:Jagmeet Singh / TechCrunch

Apps

Biotech & Health

Climate

Signzy

Image Credits:Jagmeet Singh / TechCrunch

Cloud Computing

Commerce

Crypto

Enterprise

EVs

Fintech

Fundraising

Gadgets

back

Google

Government & Policy

ironware

Instagram

Layoffs

Media & Entertainment

Meta

Microsoft

Privacy

Robotics

Security

Social

Space

inauguration

TikTok

Transportation

speculation

More from TechCrunch

Events

Startup Battlefield

StrictlyVC

Podcasts

Videos

Partner Content

TechCrunch Brand Studio

Crunchboard

meet Us

Signzy , a popular vendor offer up online “ know your client ” ID substantiation and customer onboarding table service to several top fiscal institutions , commercial-grade bank , and fintech companies , has confirm a security incident , TechCrunch can exclusively report .

The Bengaluru - based inauguration , which serves over 600 fiscal creation globally — admit the four large Native American cant — was hit by a cyberattack last week , according to sources speaking with TechCrunch . On Saturday , Signzy order TechCrunch it was aware of the security incident but refuse to elaborate .

India ’s computer pinch reply team , known as CERT - In , on an individual basis acknowledge to TechCrunch that it was aware of the incident and “ in process of taking appropriate activity with the concerned authority . ”

Founded in 2015 , Signzy enables onboarding for 10 million client and businesses monthly . The startup , which has place in New York and Dubai — in addition to its India power in Bengaluru , Gurugram , and Mumbai — count several major companies among its key customers , including ICICI Bank , SBI , Mswipe , and Aditya Birla Financial Services .

TechCrunch watch about the surety incident from source , including two Signzy client , who were interested about the allege customer datum that briefly appear on a cybercrime meeting place post , which TechCrunch has see .

PayU , another Signzy client , sound out that Signzy was strike by an “ information thief malware ” and asserted that it had no exposure to the incident .

“ There is no impact on PayU client or their information due to Signzy ’s information thief malware . We have received written check from the seller that PayU and its customers ’ data have not been compromised and remain secure with the effective protection standards in place , ” PayU spokesperson Dimple Mehta told TechCrunch .

Join us at TechCrunch Sessions: AI

Exhibit at TechCrunch Sessions: AI

Other customers say they were unaffected . When expect by TechCrunch , ICICI Bank express that it had no exposure to the incident .

In a statement to TechCrunch , Signzy declined to comment on whether customer data had been exfiltrated . Debdoot Majumder , a representative symbolize Signzy , said the company had hired a “ professional representation for conducting the security incident probe . ”

The inauguration , backed by investor , including Mastercard , Vertex Ventures , Kalaari Capital , and Gaja Capital , say it had informed its clients , regulator , and stakeholders about the security measure incident .

When asked if the business firm had engaged with the Reserve Bank of India , the body politic ’s central bank , Signzy said it had no communication . The key bank did n’t react to a request for comment .