How One Developer’s Carelessness, And A Hack Of A Completely Unrelated Website Led To The Zomato Hack

How One Developer’s Carelessness, And A Hack Of A Completely Unrelated Website Led To The Zomato Hack

A butterfly flaps its wings somewhere in the universe, and two years later, 17 million Zomato passwords and emails are stolen. On 28th October 2015, the developers at 000webhost, a free hosting provider, discovered that something was amiss. Hackers had managed to use a PHP exploit to gain access to their database, and steal the email addresses and passwords of their 13 million users. 000webhost’s team immediately sprung into action, they reset everyone’s passwords. By 1st November 2015,…

Indian IT Employees Are Forming Their First Ever Workers’ Union As Threat Of Layoffs Loom

Indian IT Employees Are Forming Their First Ever Workers’ Union As Threat Of Layoffs Loom

  Last month, Biocon founder Kiran Mazumdar Shaw had said that IT jobs in India were rapidly getting commoditized. “Blue collar workers of the future are coders,” she’d tweeted. There had been some consternation at her remarks, and some unease — IT companies employs millions of middle class Indians, who wouldn’t think of describing themselves as blue collar. But Indian IT workers have now done the most blue collar thing ever — form a workers’ union. Stung…

Here’s How The New Paytm Payments Bank Compares To Airtel’s Payments Bank

Here’s How The New Paytm Payments Bank Compares To Airtel’s Payments Bank

After several delays, and much back-and-forth, Paytm has finally launched its own Payments Bank. Paytm now has the third payments bank in the country, after Airtel’s Payment Bank and the government-run India Post Payments Bank. Paytm’s Payment Bank will help catapult the company from being a mere wallet provider to a more established player in the payments space – after its launch, Paytm can launch its own RuPay debit cards, cheque books, and even provide an…

Two Of India’s Youngest Billionaires Are Now Pitted Head-on In An Unlikely Sector — Food Coupons

Two Of India’s Youngest Billionaires Are Now Pitted Head-on In An Unlikely Sector — Food Coupons

India’s battle of billionaires is playing out in its food vouchers space. Just last month, Vijay Shekhar Sharma’s Paytm had launched its own food wallet, through which it planned to digitize the food coupons industry. Companies could transfer food coupons digitally into their employees’ wallets, who could then use them at outlets where Paytm was accepted. Paytm’s entry into the space was a clear threat to Sodexo, which with its physical coupons, was the current market leader….

Foodpanda Attempts To Cash In On Zomato Hack, Gets Roasted Instead

Foodpanda Attempts To Cash In On Zomato Hack, Gets Roasted Instead

Foodpanda attempted to rub salt into Zomato’s wounds after its recent hack, but things didn’t quite go as planned. Last week, Zomato had revealed that 17 million users accounts from its site had been stolen. The news had created quite a hubbub — Zomato had sought to assure its users that their credit card information was safe, while technical folks speculated on how the attack had taken place. Amidst all this, Zomato Chief Technocrat Gunjan Patidar…

Uber Has Now Started Charging Fares Based On How Much It Thinks Particular Passengers Can Afford

Uber Has Now Started Charging Fares Based On How Much It Thinks Particular Passengers Can Afford

Uber has already brought about a revolution in way taxi rides are priced. Before it had been founded, taxi rides cost a simple multiple of the distance travelled; Uber sought to upend this system by bringing about demand and supply into the equation. Uber started charging surge prices in areas where taxis were scarce, and dropped prices when they were more plentiful. But now, the company is looking to extend its differential pricing in a radical new…

Researchers Have Managed To Crack “Over Half” Of Zomato’s Stolen Passwords, Say Its Security Was Outdated

Researchers Have Managed To Crack “Over Half” Of Zomato’s Stolen Passwords, Say Its Security Was Outdated

Zomato has sought to assure users that their passwords is safe after being stolen from their database yesterday, but new reports are now questioning their claims. Zomato’s a fairly well-known brand across the world, so its hack has attracted the attention of the world media. Among the publications that were tracking the developments was Vice. Vice reporters downloaded the sample that was available on the Dark Web, and with relatively little effort, were able to crack…

World’s Nicest Hacker Waives Poor Person’s Ransom, Asks Them To Buy Him A Coffee Instead

World’s Nicest Hacker Waives Poor Person’s Ransom, Asks Them To Buy Him A Coffee Instead

Hackers have been getting a bad rap over the last few months. Their attacks have targeted hospitals, factories, and governments, and thousands of ordinary people have been affected. Recent reports have cast hackers very much as villains, portraying them as sinister and unfeeling individuals who hide behind the anonymity of the internet to carry out their nefarious crimes. Turns out some hackers can have feelings too.   ThunderCrypt is a ransomware that was first surfaced in May…

Infamous Startup Troll Unicon Baba Appears To Have Finally Been Outed

Infamous Startup Troll Unicon Baba Appears To Have Finally Been Outed

Forget unit economics, scaling, and profitability — the question that had been most vexed startup founders over the last year was: who is Unicon Baba? Unicon Baba had started off as a anonymous twitter account in March 2016. He was hardly the first anonymous account to tweet about startups — the ecosystem seems to be a magnet for people who want to discuss opinions behind the anonymity of the internet. But Unicon Baba had taken off…

Zomato’s Hacker Says He Stole Its Data To Force It To Start A Bug Bounty Program, Company Accepts Demands

Zomato’s Hacker Says He Stole Its Data To Force It To Start A Bug Bounty Program, Company Accepts Demands

It turns out that Zomato’s hack today — which exposed 17 million of its users’ emails and passwords — was only meant to give the company a wake up call. Zomato has now announced that they’re now in touch with the hacker, who went by the name of “nclay”. “The hacker has been very cooperative with us. He/she wanted us to acknowledge security vulnerabilities in our system and work with the ethical hacker community to plug…

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