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Gold Heist at Aditya Birla Capital: Hacker Sells ₹1.95 Crore Digital Gold via ABCD App

Written by: Team Angel OneUpdated on: 26 Jun 2025, 7:40 pm IST
Hacker breaches ABCD app, sells ₹1.95 crore worth of digital gold from 435 accounts; Aditya Birla Capital says security flaw resolved.
Gold Heist at Aditya Birla Capital: Hacker Sells ₹1.95 Crore Digital Gold via ABCD App
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In a major digital security breach, a hacker exploited a vulnerability in the Aditya Birla Capital Digital (ABCD) app to sell digital gold worth ₹1.95 crore from 435 customer accounts. The company has since restored user holdings and implemented new security measures.

Cyber Fraud Hits Mumbai’s Prabhadevi Residents

The fraud surfaced after multiple users reported unauthorised sales of their digital gold assets. The breach, which affected customers in Mumbai’s Prabhadevi area, triggered a wave of complaints via the company's call centre and social media. The unauthorised transactions involved the illegal transfer and sale of assets on ABCD’s digital gold platform.

Aditya Birla Capital Takes Swift Action Post Breach

Aditya Birla Capital Digital lodged an FIR with the Central Region Cyber Police in Mumbai. Following this, the company took immediate steps to freeze fund transfers to the suspicious personal bank accounts used in the fraudulent activity. A thorough investigation was launched to identify and trace the perpetrators responsible for the breach.

Hackers Targeted Technical Flaw for Gold Heist 

As per the company, a hacker exploited a vulnerability in the Aditya Birla Capital Digital (ABCD) app to sell digital gold worth ₹1.95 crore from 435 customer accounts. However, the technical flaw that enabled the hack has now been rectified. Additionally, the affected digital gold holdings have been fully restored, ensuring no financial losses remain for the impacted customers. ABCD has reassured its users that the platform is currently secure and fully functional, with all services active.

Read More: ‘No Systems or User Data Compromised,’ Says TCS Amid Marks & Spencer Cyber Breach Investigation!

Collaboration with Law Enforcement and Cyber Experts

Aditya Birla Capital Digital is actively collaborating with law enforcement agencies, CERT-In, and its cyber insurance partners to bolster overall platform security. Measures are being enhanced to prevent similar incidents in the future, with continuous monitoring and tighter digital safeguards now in place to protect user assets.

Aditya Birla Capital Share Price Performance

On June 26, 2025, Aditya Birla Capital share price opened at ₹272.33 on NSE, and is trading at ₹273.00 as of 10:44 AM. The stock registered a marginal change of 0.25%.

Over the past week, it has moved up by 4.89%, over the past month, it has moved up by 23.38%, and over the past 3 months, it has moved up by 50.47%.

Conclusion

The hacking incident at ABCD affected 435 users and led to unauthorised sales worth ₹1.95 crore. Aditya Birla Capital has since restored customer holdings, fixed the platform vulnerabilities, and intensified security protocols. Investigations are ongoing to apprehend those behind the cyber breach.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jun 26, 2025, 2:10 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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