Bengaluru: Kamin Prajapathi (40), a senior accountant manager in a multinational software company was arrested by the police on Sunday for data theft.
The accused, a resident of Concorde Napa Valley and Kanakapura Road and Bihar stole the data of nearly 300 employees working in the same company, transferring their bank details, credit card details and bank account details to his personal mail.
Prajapathi started working in the company from August 2017 and quit his job in April 2019 though the police said that before resigning he transferred the stolen data to his personal mail with plans to hand the data to another company for a senior-level position. He told the company, he had surplus confidential data that they could use to their advantage and build their business.
KS Santosh, founder of a cybersecurity solutions firm ‘Group Cyber ID’, says these type of data theft are pretty common, “These frauds occur in startups, where former employees steal data from the startup and begin their own firm using the data. Many companies have filed data theft complaints against individuals,” (Sc Indiatimes.com)
Likewise, Prajapathi allegedly hacked into the website of the company where he worked and is suspected that he had been stealing data since 2017 and selling it to other companies. Aside from the bank details of employees and clients, he also collected pivotal data of the company’s clients.
The managers from the private firm, where he previously worked lodged a complaint at the cyber-crime police station, and after a probe the police nabbed Prajapathi confiscating his laptop, CPU and mobile phone. The cyber-crime officials also found an account created by Prajapathi on a web-based email service as solid evidence against him.
There has been a significant rise in data theft cases in the last few years as reliance on digital platforms increase. In the city itself, there have been cases where the miscreants hacked into the system using simple hacking techniques, and thus it is crucial to install effective data security solutions to protect the privacy and curtail cybercrime.