The Great Cyber Heist: A ₹ 82 Crore Scandal

It is rightly said that one must be careful while trusting others, as sugar and salt likely resemble each other. Nestled in the epicentre of Pune’s Hinjewadi IT corridor, an organization has been hit by a significant breach of trust. Technological advancements are accompanied by massive cybersecurity threats. What was believed to be a hub of innovation got blown away by internal deceit.

Ever helped a friend in a project submission and got betrayed because he stole your creative ideas and presented them? Employees play an important role in driving organizational success. But what if those valuable assets transform into malicious users? Something similar happened in the IT corridor. Four employees reportedly stole strategic data assets of the organization, including the source codes as well.

These employees leveraged that data to build a business venture. This heavily impacts the IT Hub, causing a devastating loss of Rs. 82 crores. This has triggered vulnerabilities in the workplace. Trust issues with insiders have emerged significantly.

From Employees To Market Rivals

It is a common notion that when one cannot produce something innovative on their own, he/she try to steal the intellect and creativity of others in order to stay competitive. The four employees not only stole the company’s resources but also utilized those to roll out more than 100 websites between April 2024 and August 2025.

With the introduction of each website, the company loses a significant amount of its confidential data and monetary gains. One such unlawful act by the trusted employers led to a drastic loss of Rs. 82 crores.

The Regulatory Clampdown

It is obvious that when an organization encounters such a drastic loss, it will eventually lodge a complaint against the four employers. The organization immediately filed a complaint with the Pimpri Chinchwad Cyber Police. The authorities instantly took action against the four employees and filed them under various provisions: –

• Section 316 (Criminal Breach of Trust)- Applies to someone who allegedly uses the intellectual property of an organization and fails to follow the legal disclosures.
• Section 318 (Cheating)- Applicable when someone deceives others by impersonating.
• IT Act- Applicable directly to the inappropriate and unlawful use of a company’s assets and hacking.

The accused are not arrested yet. Authorities are investigating cautiously in this matter to shed light on how smartly the four employees lurked behind and carried out such  a grand theft. They are also going underground to pick off any strays associated with this case.

Securing Vault For Elite Data

IT companies in India are sprouting up like mushrooms. With these developments, an entity must fortify its protective device for private data and matters. They must:

• Limit certain codes and data only to higher-level employees.

• Observe the sceptical exchange of files or download history.
• Regularly hold audit trails to keep a check on authenticity.

Proprietary information is a valuable asset for any organization. It cannot be purchased in the market as it comes straight from the human mind. Hence, it is necessary to safeguard such data in order to prevent further loss.

Conclusion

Hinjewadi’s IT hub heist is an eye-opener case for various IT firms blooming in India. It unleashes the immediate shielding of confidential resources of an organization. The four employees broke the trust of the organization, making it harder for them to trust other employees in the future.

This led to an exponential loss to the company of Rs 82 crores. The employees also launched more than 100 websites to maintain rivalry with the company. In a nutshell, it is important for an organization to adopt strict cybersecurity measures in order to secure its data.