Cybercrime in Real Estate: 4 Accused of Stealing ₹80 Lakh Worth of Data

Four former employees of Jugyah Real Estate Pvt Ltd have been booked for allegedly hacking into the company's system, stealing data worth ₹80 lakh, and selling it to a rival firm.

CybercrimeReal EstateData TheftHackingJugyah Real Estate Pvt LtdReal Estate PuneJul 05, 2024

Cybercrime in Real Estate: 4 Accused of Stealing ₹80 Lakh Worth of Data
Real Estate Pune:In a shocking incident, four former employees of Jugyah Real Estate Pvt Ltd have been accused of hacking into the company's system, stealing confidential customer data worth ₹80 lakh, and selling it to a rival real estate firm. The accused, including Kamta Gupta, Rahul Sharma, Imran Khan, and Ovais Mistry, were all previously employed by Jugyah Real Estate, which has branches in Prabhadevi, Vashi, and Jogeshwari. The company, which also has tie-ups with popular property portals like Housing.com, 99acres.com, and MagicBricks, alleged that the accused stole the data before quitting their jobs in May.

According to the FIR, Sharma, who was a manager, provided the stolen data to the rival company, while the other three accused helped him in the act. The stolen data contained essential information about customers and their preferences, which has resulted in the loss of clients for Jugyah Real Estate.

The accused have since joined a Powai-based real estate company, breaching their employment contracts by leaving their jobs without proper notice. A case has been filed against them for criminal conspiracy, theft by clerk or servant of property in possession of master, and relevant sections of the Information Technology Act.

This incident highlights the importance of cybersecurity in the real estate industry, where confidential customer data is a valuable asset. Companies must take necessary measures to protect their data from external and internal threats to prevent such incidents from occurring.

Information Jugyah Real Estate Pvt Ltd is a reputable real estate company with a presence in Mumbai, with branches in Prabhadevi, Vashi, and Jogeshwari. The company has tie-ups with popular property portals and offers a range of services to its clients.

Jugyah Real Estate Pvt Ltd is a leading real estate company in Mumbai, known for its customer-centric approach and wide range of services.

Frequently Asked Questions

What is the amount of data stolen from Jugyah Real Estate Pvt Ltd?

The accused stole data worth ₹80 lakh from Jugyah Real Estate Pvt Ltd.

What is the role of Rahul Sharma in the incident?

Rahul Sharma, a former manager, provided the stolen data to the rival company.

What is the current status of the accused?

The accused have joined a Powai-based real estate company after quitting their jobs at Jugyah Real Estate Pvt Ltd.

What are the charges filed against the accused?

The accused have been charged with criminal conspiracy, theft by clerk or servant of property in possession of master, and relevant sections of the Information Technology Act.

What is the impact of this incident on Jugyah Real Estate Pvt Ltd?

The incident has resulted in the loss of clients for Jugyah Real Estate Pvt Ltd due to the stolen customer data.

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