The stock brokerage firm announced that it received certain data leakage post alerts through email from its dark-web monitoring partner on Thursday, February 27, which informed about unauthorised access of its clients’ data.
On analysing the data leakage reports, Angel One confirmed that some of the company’s AWS resources were compromised.
The company informed the stock exchanges in a filing that it has immediately changed all the related credentials of its AWS cloud, along with other applications to contain the impact of the data leakage post.
Angel One has stated that it has promptly enlisted an external forensic expert to assess the impact of the said incident and conduct a comprehensive root cause analysis of the data leak, in order to prioritise its clients’ data privacy.
“We have verified that this breach does not have any impact on clients’ securities, funds and credentials; and all our client accounts remain secure. We continue to investigate this further to assess its potential impact, if any, and are making this disclosure as a matter of good governance,” the brokerage firm said in the stock exchange notification dated February 28.
The discount broker posted an increase in average daily turnover and market share across key segments in January 2025. Its gross client addition for the month stood at 6.6 lakh, dropping 15.4% compared to the addition of 7.8 lakh clients in December 2024. However, despite the monthly dip, Angel One’s client base continued its steady expansion, growing by 2.1% month-on-month to 3.01 crore, compared to 2.95 crore in December.
Shares of Angel One dropped as much as 4.9% on Friday, to hit an intraday low of ₹2,090.1 per piece on the BSE. However, the stock recovered some of its early losses to end 1.9% lower at ₹2,200.00 apiece.
(Edited by : Poonam Behura)
First Published: Feb 28, 2025 1:45 PM IST
