Bandra police file FIR against ex employees for data theft impacting real estate firm

The Bandra police registered an FIR on Tuesday against three former employees of a real estate service company for abruptly resigning from their positions in May and allegedly hacking into the company's system to steal valuable client data. The stolen information, worth over Rs 80 lakhs, has significantly impacted the firm, causing them to lose clients. The police are investigating the matter based on the complaint, which states that the three suspects have joined a Powai-based real estate company after stealing the data. the company claims that before their departure, the employees accessed and copied the firm's confidential client database, containing essential information about the company's customers and their preferences. In the FIR, Kadilal stated that the theft of the client database has severely affected the company's business operations, as it heavily depends on this information to maintain client relationships and generate revenue. The loss of this data has left the company struggling to retain existing customers and attract new ones, resulting in substantial financial losses. The Bandra police have registered a case against the three former employees under the Indian Penal Code sections for criminal conspiracy and theft by servants. However, no arrests have been made yet, and the investigation is ongoing. 
 

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