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Mumbai Digital Gold Fraud: Aditya Birla Capital Recovers from ₹1.95 Crore Hack

Aditya Birla Capital Digital Restores Security After ₹1.95 Crore Digital Gold Heist: Users Reimbursed, Safeguards Enhanced

Major Cyber Fraud Strikes Digital Gold Customers in Mumbai

A major digital security breach recently shook Aditya Birla Capital Digital (ABCD), after a hacker exploited a vulnerability to illegally sell digital gold worth ₹1.95 crore from 435 customer accounts.

  • The incident primarily affected users in Mumbai’s Prabhadevi area, with complaints pouring in via the call centre and social media regarding unauthorised asset sales.

Immediate Response and Restoration by Aditya Birla Capital

Aditya Birla Capital acted swiftly by filing an FIR with Mumbai’s Central Region Cyber Police and freezing transfers to the suspicious accounts used in the fraud.

  • The company launched a comprehensive investigation to identify the hackers and rectified the technical flaw that allowed the breach.
  • Critically, all affected digital gold holdings have been fully restored to customers, ensuring that no user incurred a financial loss.

Technical Vulnerability Exploited, Now Fixed

The hacker targeted a flaw in the ABCD app, enabling unauthorised transactions.

  • Aditya Birla Capital confirmed that this vulnerability has been fixed and that the platform is now secure and fully operational, with all services restored.

Ongoing Security Enhancements and Law Enforcement Collaboration

Aditya Birla Capital Digital is working closely with law enforcement, CERT-In, and cyber insurance partners to further strengthen platform security.

  • New digital safeguards and continuous monitoring have been implemented to prevent future breaches and protect user assets.

Aditya Birla Capital Share Price Performance

  • On June 26, 2025, Aditya Birla Capital’s share price opened at ₹272.33 on the NSE and traded at ₹273.00 as of 10:44 AM, reflecting a 0.25% increase.
  • The stock has gained 4.89% in the past week, 23.38% in the past month, and 50.47% over the last three months, showing strong upward momentum despite the recent incident.

Key Takeaways

  • The prompt restoration of customer holdings and implementation of tighter security measures have helped restore trust in the ABCD platform.
  • Collaboration with cyber experts and authorities signals a robust response to the evolving landscape of digital financial threats.
  • Investors and users will be watching closely as the company continues to bolster its digital infrastructure and safeguard customer assets.
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