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Angel One Suffers Data Breach, Says Client Accounts Secure - Related to droneacharya, says, breach,, intraday, fintech

Angel One Suffers Data Breach, Says Client Accounts Secure

Angel One Suffers Data Breach, Says Client Accounts Secure

Further, it has engaged an external forensic partner to validate and investigate the impact of this incident and conduct a thorough root cause analysis.

The enterprise stated it immediately changed all related credentials of its AWS cloud and other applications to contain the impact of the data breach.

In an exchange filing, the enterprise mentioned that it received certain data leakage alerts from its dark-web monitoring partner on February 27, indicating potential compromises to client data.

Listed broking firm Angel One suffered a data leak, which it attributed to unauthorised access to its Amazon Web Services (AWS) resources.

In an exchange filing, the business unveiled that it received certain data leakage alerts from its dark-web monitoring partner on February 27. Indicating potential compromises to client data.

“The corporation received certain data leakage post’ alerts via email from its dark-web monitoring partner on February 27, 2025, informing of unauthorised access of our client’s data. After analysing the post, it was ascertained that some of Angel One’s AWS resources were compromised,” the filing expressed.

The enterprise stated it immediately changed all related credentials of its AWS cloud and other applications to contain the impact of the data breach.

Further, it has engaged an external forensic partner to validate and investigate the impact of this incident and conduct a thorough root cause analysis.

“We have verified that this breach does not have any impact on clients securities, funds and. Credentials; and all our client accounts remain secure,” the filing added.

Following the disclosure, the business’s shares slumped nearly 5% during the intraday trading on the BSE to INR 2, on Friday (February 28). However, the stock recovered and pared some of the losses to end the session lower at INR 2,.

It is pertinent to note that this is not the first instance of data breach at Angel One. In April 2023, the corporation suffered a data leak and revealed that client holding data may have been accessed in an unauthorised manner.

Last year. A research noted that the broking firm suffered another leak. However, Angel One rejected the research and noted it didn’t see any new breach after April 2023.

The latest development is yet another instance of a data leak at an Indian company. Last year in September, the personal data of millions of customers of Star Health & Allied Insurance was up for sale on the Telegram app.

Last year, the Centre also revealed that there was a “possible intrusion and data breach” at state-owned telecom enterprise Bharat Sanchar Nigam Ltd (BSNL) in May 2024.

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DroneAcharya Shares Slump 5% To Hit Lower Circuit

DroneAcharya Shares Slump 5% To Hit Lower Circuit

Founded by Prateek Srivastava in 2017, DroneAcharya offers an array of drone solutions for multi-sensor drone surveys, pilot training, and data processing, among others.

The stock recouped some of its losses and was trading lower at INR per share at 11:27 AM with its market capitalisation dropping to INR 165 Cr.

This comes a day after the business received the Directorate General of Civil Aviation’s (DGCA) type certification for its multipurpose drone, AgriVeer.

Shares of DroneAcharya Aerial Innovations crashed 5% to hit the lower circuit at INR during the morning trade on the BSE today (February 28).

This comes a day after the business received the Directorate General of Civil Aviation’s (DGCA) type certification for its multipurpose drone. AgriVeer. The drone is designed for applications in agriculture, education, and drone pilot training.

The stock recouped some of its losses and was trading lower at INR per share at 11:27 AM with its market capitalisation dropping to INR 165 Cr.

At the current market price, the stock lost almost 60% in the last one year and. 32% in the past month. DroneAcharya shares ended in red in four out of the last seven sessions on the BSE.

Further, the drop in its share price coincided with a decline in the benchmark indices today.

Founded by Prateek Srivastava in 2017, DroneAcharya offers an array of drone solutions for multi-sensor drone surveys, pilot training. And data processing, among others.

The firm last month signed a term sheet for a “strategic firm merger” with agri-drone firm AITMC Ventures. The merger will see both the companies combine their support teams, like finance, legal and compliance, but continue to retain their brand identities.

AITMC founder and managing director Preet Sandhuu expects the entire process to take about seven to eight months and. AVPL is likely to hold a bigger stake in the merged entity.

Prior to that, DroneAcharya showcased securing a contract worth INR Lakh from the defence ministry to provide drone-centric training courses. As per the contract, the organization will provide a drone pilot training course and drone building course for 8 Indian Army Officials.

Last year, the business expanded into the Middle Eastern market via an Abu Dhabi subsidiary.

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PB Fintech Shares Drop 4% During Intraday

PB Fintech Shares Drop 4% During Intraday

This comes a day after the corporation introduced multiple leadership level changes in its subsidiaries.

Shares of insurtech major Policybazaar’s parent PB Fintech almost dropped 4% to touch its 28-week low of INR 1, apiece during the intraday trading session on the BSE today.

Shares of insurtech major Policybazaar’s parent PB Fintech almost dropped 4% to touch its 28-week low of INR 1, apiece during the intraday trading session on the BSE today (February 28).

However, the stock revived some of its loss, and ended the day’s trade at INR per share, a decline from its previous close of INR apiece yesterday (February 27).

This comes a day after the business introduced multiple leadership level changes in its subsidiaries, where cofounder and chief executive of its wholly owned subsidiary Paisabazaar Marketing and Consulting Naveen Kukreja stepped down from his role to be replaced by Policybazaar’s chief business officer Santosh Agarwal.

Meanwhile, Ashutosh Mishra also resigned as chief financial officer of its insurance marketplace PolicyBazaar Insurance Brokers, and he will be succeeded by Vivek Audichya who quit the position of Paisabazaar’s CFO.

Furthermore, Neeraj Tripathi will assume as the CFO and new key managerial personnel (KMP) of Paisabazaar, following Audichya’s transition.

The firm’s market capitalisation currently stands at INR 67, cr ($ Bn).

To note, PB Fintech’s stock surged to touch its all-time high at INR 2,230 apiece on the BSE on January 2, and the shares were on an upward trend since the business disclosed its earnings for Q2 FY25.

However. In the seven successive sessions after marking its highest ever trading price, stock lost more than 23% in value, ending six of those sessions in red.

Further, the Goods and Services Tax (GST) department conducted a raid on a wholly-owned subsidiary of insurtech major PB Fintech, in connection with some of the vendors of one of its subsidiaries, as per the exchange filing from January.

On the financial front, PB Fintech reported a 92% jump in its consolidated profit after tax (PAT) to INR Cr in the third quarter of the fiscal year 2024-25 from INR Cr, a year ago.

Meanwhile, its operating revenue zoomed 48% to INR 1, Cr in Q3 FY25 from INR Cr in the corresponding quarter last year.

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Market Impact Analysis

Market Growth Trend

2018201920202021202220232024
12.0%14.4%15.2%16.8%17.8%18.3%18.5%
12.0%14.4%15.2%16.8%17.8%18.3%18.5% 2018201920202021202220232024

Quarterly Growth Rate

Q1 2024 Q2 2024 Q3 2024 Q4 2024
16.8% 17.5% 18.2% 18.5%
16.8% Q1 17.5% Q2 18.2% Q3 18.5% Q4

Market Segments and Growth Drivers

Segment Market Share Growth Rate
Digital Transformation31%22.5%
IoT Solutions24%19.8%
Blockchain13%24.9%
AR/VR Applications18%29.5%
Other Innovations14%15.7%
Digital Transformation31.0%IoT Solutions24.0%Blockchain13.0%AR/VR Applications18.0%Other Innovations14.0%

Technology Maturity Curve

Different technologies within the ecosystem are at varying stages of maturity:

Innovation Trigger Peak of Inflated Expectations Trough of Disillusionment Slope of Enlightenment Plateau of Productivity AI/ML Blockchain VR/AR Cloud Mobile

Competitive Landscape Analysis

Company Market Share
Amazon Web Services16.3%
Microsoft Azure14.7%
Google Cloud9.8%
IBM Digital8.5%
Salesforce7.9%

Future Outlook and Predictions

The Shares Angel Suffers landscape is evolving rapidly, driven by technological advancements, changing threat vectors, and shifting business requirements. Based on current trends and expert analyses, we can anticipate several significant developments across different time horizons:

Year-by-Year Technology Evolution

Based on current trajectory and expert analyses, we can project the following development timeline:

2024Early adopters begin implementing specialized solutions with measurable results
2025Industry standards emerging to facilitate broader adoption and integration
2026Mainstream adoption begins as technical barriers are addressed
2027Integration with adjacent technologies creates new capabilities
2028Business models transform as capabilities mature
2029Technology becomes embedded in core infrastructure and processes
2030New paradigms emerge as the technology reaches full maturity

Technology Maturity Curve

Different technologies within the ecosystem are at varying stages of maturity, influencing adoption timelines and investment priorities:

Time / Development Stage Adoption / Maturity Innovation Early Adoption Growth Maturity Decline/Legacy Emerging Tech Current Focus Established Tech Mature Solutions (Interactive diagram available in full report)

Innovation Trigger

  • Generative AI for specialized domains
  • Blockchain for supply chain verification

Peak of Inflated Expectations

  • Digital twins for business processes
  • Quantum-resistant cryptography

Trough of Disillusionment

  • Consumer AR/VR applications
  • General-purpose blockchain

Slope of Enlightenment

  • AI-driven analytics
  • Edge computing

Plateau of Productivity

  • Cloud infrastructure
  • Mobile applications

Technology Evolution Timeline

1-2 Years
  • Technology adoption accelerating across industries
  • digital transformation initiatives becoming mainstream
3-5 Years
  • Significant transformation of business processes through advanced technologies
  • new digital business models emerging
5+ Years
  • Fundamental shifts in how technology integrates with business and society
  • emergence of new technology paradigms

Expert Perspectives

Leading experts in the digital innovation sector provide diverse perspectives on how the landscape will evolve over the coming years:

"Technology transformation will continue to accelerate, creating both challenges and opportunities."

— Industry Expert

"Organizations must balance innovation with practical implementation to achieve meaningful results."

— Technology Analyst

"The most successful adopters will focus on business outcomes rather than technology for its own sake."

— Research Director

Areas of Expert Consensus

  • Acceleration of Innovation: The pace of technological evolution will continue to increase
  • Practical Integration: Focus will shift from proof-of-concept to operational deployment
  • Human-Technology Partnership: Most effective implementations will optimize human-machine collaboration
  • Regulatory Influence: Regulatory frameworks will increasingly shape technology development

Short-Term Outlook (1-2 Years)

In the immediate future, organizations will focus on implementing and optimizing currently available technologies to address pressing digital innovation challenges:

  • Technology adoption accelerating across industries
  • digital transformation initiatives becoming mainstream

These developments will be characterized by incremental improvements to existing frameworks rather than revolutionary changes, with emphasis on practical deployment and measurable outcomes.

Mid-Term Outlook (3-5 Years)

As technologies mature and organizations adapt, more substantial transformations will emerge in how security is approached and implemented:

  • Significant transformation of business processes through advanced technologies
  • new digital business models emerging

This period will see significant changes in security architecture and operational models, with increasing automation and integration between previously siloed security functions. Organizations will shift from reactive to proactive security postures.

Long-Term Outlook (5+ Years)

Looking further ahead, more fundamental shifts will reshape how cybersecurity is conceptualized and implemented across digital ecosystems:

  • Fundamental shifts in how technology integrates with business and society
  • emergence of new technology paradigms

These long-term developments will likely require significant technical breakthroughs, new regulatory frameworks, and evolution in how organizations approach security as a fundamental business function rather than a technical discipline.

Key Risk Factors and Uncertainties

Several critical factors could significantly impact the trajectory of digital innovation evolution:

Legacy system integration challenges
Change management barriers
ROI uncertainty

Organizations should monitor these factors closely and develop contingency strategies to mitigate potential negative impacts on technology implementation timelines.

Alternative Future Scenarios

The evolution of technology can follow different paths depending on various factors including regulatory developments, investment trends, technological breakthroughs, and market adoption. We analyze three potential scenarios:

Optimistic Scenario

Rapid adoption of advanced technologies with significant business impact

Key Drivers: Supportive regulatory environment, significant research breakthroughs, strong market incentives, and rapid user adoption.

Probability: 25-30%

Base Case Scenario

Measured implementation with incremental improvements

Key Drivers: Balanced regulatory approach, steady technological progress, and selective implementation based on clear ROI.

Probability: 50-60%

Conservative Scenario

Technical and organizational barriers limiting effective adoption

Key Drivers: Restrictive regulations, technical limitations, implementation challenges, and risk-averse organizational cultures.

Probability: 15-20%

Scenario Comparison Matrix

FactorOptimisticBase CaseConservative
Implementation TimelineAcceleratedSteadyDelayed
Market AdoptionWidespreadSelectiveLimited
Technology EvolutionRapidProgressiveIncremental
Regulatory EnvironmentSupportiveBalancedRestrictive
Business ImpactTransformativeSignificantModest

Transformational Impact

Technology becoming increasingly embedded in all aspects of business operations. This evolution will necessitate significant changes in organizational structures, talent development, and strategic planning processes.

The convergence of multiple technological trends—including artificial intelligence, quantum computing, and ubiquitous connectivity—will create both unprecedented security challenges and innovative defensive capabilities.

Implementation Challenges

Technical complexity and organizational readiness remain key challenges. Organizations will need to develop comprehensive change management strategies to successfully navigate these transitions.

Regulatory uncertainty, particularly around emerging technologies like AI in security applications, will require flexible security architectures that can adapt to evolving compliance requirements.

Key Innovations to Watch

Artificial intelligence, distributed systems, and automation technologies leading innovation. Organizations should monitor these developments closely to maintain competitive advantages and effective security postures.

Strategic investments in research partnerships, technology pilots, and talent development will position forward-thinking organizations to leverage these innovations early in their development cycle.

Technical Glossary

Key technical terms and definitions to help understand the technologies discussed in this article.

Understanding the following technical concepts is essential for grasping the full implications of the security threats and defensive measures discussed in this article. These definitions provide context for both technical and non-technical readers.

Filter by difficulty:

API beginner

algorithm APIs serve as the connective tissue in modern software architectures, enabling different applications and services to communicate and share data according to defined protocols and data formats.
API concept visualizationHow APIs enable communication between different software systems
Example: Cloud service providers like AWS, Google Cloud, and Azure offer extensive APIs that allow organizations to programmatically provision and manage infrastructure and services.

fintech intermediate

interface

platform intermediate

platform Platforms provide standardized environments that reduce development complexity and enable ecosystem growth through shared functionality and integration capabilities.