The company that claims to be "Your Ideal Payment Partner - We enable secured commerce for businesses!" reported in February 2017 that they had suffered a data breach.
Confirming that, in mid-2016, malware hacked its servers and stole personal and financial data for 3.2 million customers in India including credit card information.
The hack was considered problematic because the malware deleted various tracking information making it impossible to know exactly what data was exfiltrated.
The breach reportedly caused a scandal within the Indian banking sector and led to a downturn in credit card use and significant damage to revenues and profits.
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