"The volume of data breached is currently unknown. Cyble claims that attackers have demanded 10 ETH, equivalent to USD 4,000."
—The attackers clearly don't know anything about Paytm. $4000 is likely their marketing budget per minute!<p>Seriously though, Paytm users have had to face fraud on their platform for so long (for instance, here: <a href="https://www.moneycontrol.com/news/business/all-you-need-to-know-the-paytm-kyc-scam-how-to-avoid-it-4673171.html" rel="nofollow">https://www.moneycontrol.com/news/business/all-you-need-to-k...</a>) that I'm surprised they haven't got some steps in order already.<p>The weakest link in cybersecurity is the people though. And PayTM has a lot of them!