Data Breach in Mumbai: 4 Former Employees Booked for Stealing Confidential Client Information

Four former employees of Jugyah Real Estate Pvt Ltd have been booked for allegedly hacking into the company's system and stealing confidential client data worth ₹80 lakh.

Data BreachMumbaiReal EstateCybercrimeEmployment ContractsReal Estate MumbaiJul 05, 2024

Data Breach in Mumbai: 4 Former Employees Booked for Stealing Confidential Client Information
Real Estate Mumbai:In a shocking incident, four former employees of a Mumbai-based real estate company have been booked for allegedly hacking into the company's system and stealing confidential client data worth ₹80 lakh. The accused, Kamta Gupta, Rahul Sharma, Imran Khan, and Ovais Mistry, were previously employed with Jugyah Real Estate Pvt Ltd, a company with branches in Prabhadevi, Vashi, and Jogeshwari.

According to the FIR, Sharma, who was a manager, provided customer data to a rival company before resigning in May. The other three accused allegedly helped him steal the data, which contained essential information about clients and their preferences. The firm alleged that the information leak has resulted in the loss of clients.

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

The incident highlights the importance of data security and the need for companies to take measures to prevent data breaches. It also serves as a warning to employees who may be tempted to steal confidential information from their employers.

Jugyah Real Estate Pvt Ltd is a prominent real estate company with tie-ups with property portals like Housing.com, 99acres.com, and MagicBricks. The company has suffered a significant loss due to the data breach and is taking steps to prevent such incidents in the future.

The accused are currently on the run, and the police are conducting further investigations to apprehend them. The incident has sent shockwaves in the real estate industry, and companies are being advised to review their data security measures to prevent such incidents.

Frequently Asked Questions

What is the approximate value of the stolen data?

₹80 lakh

Which real estate company was affected by the data breach?

Jugyah Real Estate Pvt Ltd

How many accused are involved in the case?

4

What is the name of the rival company that allegedly received the stolen data?

Not mentioned

What measures can companies take to prevent data breaches?

Implementing strong data security measures, conducting regular security audits, and educating employees on data protection policies

Related News Articles

Concorde Boosts Bangalore Presence with Strategic Land Acquisition on Sarjapur Road
Real Estate

Concorde Boosts Bangalore Presence with Strategic Land Acquisition on Sarjapur Road

Real estate developer Concorde acquires 1.6-acre land parcel on Sarjapur Road, Bangalore, to develop a high-rise residential complex with a GDV of Rs 200 crore.

June 28, 2024
Read Article
Redbrick Offices Subsidiary Acquires 22 Commercial Units in Mumbai's Andheri
real estate news

Redbrick Offices Subsidiary Acquires 22 Commercial Units in Mumbai's Andheri

Red Fox IT Infra LLP, a subsidiary of Redbrick Offices, buys 22 office spaces in Mumbai's Andheri for ₹267 crore.

July 9, 2024
Read Article
Government Policies and RERA's Impact on Real Estate Investments in Pune
Real Estate Pune

Government Policies and RERA's Impact on Real Estate Investments in Pune

Explore how government policies and RERA are reshaping real estate investments in Pune, making it a lucrative market for investors. Discover the role of RERA in ensuring transparency and buyer protection in the real estate sector.

December 6, 2024
Read Article
Navi Mumbai Hotels Witness Price Surge Ahead of Coldplay Concert
Real Estate Mumbai

Navi Mumbai Hotels Witness Price Surge Ahead of Coldplay Concert

As the anticipation for Coldplay's upcoming concert in Navi Mumbai builds, the city's hotel rates are experiencing a significant surge. Travelers and fans are advised to book their accommodations early to avoid soaring prices and secure their stays.

January 7, 2025
Read Article
Discovering Trump's Luxury Real Estate Ventures in India
Real Estate Pune

Discovering Trump's Luxury Real Estate Ventures in India

Explore the iconic Trump Towers in India, from Pune to Kolkata, offering top-notch luxury apartments and residential complexes.

January 20, 2025
Read Article
Pune Police Crack Down on Fake Bail Sureties Racket, Arrest 11 Including 2 Lawyers
Real Estate Pune

Pune Police Crack Down on Fake Bail Sureties Racket, Arrest 11 Including 2 Lawyers

Pune Police have successfully dismantled a fake bail sureties racket, arresting 11 individuals, including two lawyers. The racket was involved in providing fake sureties to secure bail for accused individuals, leading to several illegal releases.

February 3, 2025
Read Article