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Home » Fintech SaaS startup Signzy suffers cyberattack: report – StartupNews.fyi
Startup News

Fintech SaaS startup Signzy suffers cyberattack: report – StartupNews.fyi

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SUMMARY

According to multiple sources, Signzy was hit by a cyberattack last week

The Computer Emergency Response Team (CERT-In) is “taking appropriate action with the concerned authority”.

One of Signzy’s clients, PayU, confirmed that they received written confirmation from the company

Fintech SaaS startup Signzy, which counts Gaja Capital, Vertex Ventures and Arkam Ventures among his supporters, would have confirmed a security incident.

According to TechCrunch, citing multiple sources, the Bengaluru-based startup was hit by a cyberattack last week.

The Computer Emergency Response Team (CERT-In) separately acknowledged to TechCrunch that it was aware of the incident and “in the process of taking appropriate action with the concerned authority.”

Inc42 contacted SignzyFlipkart plans 10-minute medicine delivery amid rapid business boomFlipkart plans 10-minute medicine delivery amid rapid business boom for comments on the development. The story will be updated based on the response.

One of Signzy’s clients, PayU, confirmed that it had received written confirmation from the company, but assured that none of the payment solutions company’s data was compromised in the incident.

On the other hand, ICICI Bank indicated that it had no exposure to the incident, according to the report.

Signzy also hired a professional agency to investigate the security incident, company spokesperson Debdoot Majumder said.

Founded by Ankit Ratan, Ankur Pandey and Arpit Ratan in 2015, Signzy provides digital onboarding solutions to banks and NBFCs through its no-code platform. The startup claims to work with more than 240 financial institutions.

(Story will be updated soon)

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