The reports was out that FlipKart CEO Binny Bansal’s email account was hacked but earlier on Friday the CEO cleared that the his account was spoofed not hacked. The Flipkart CEO Bansal stated that “We would like to clarify it is not a case of hacking Filmkart corporate email system leverages the highest standards of security including but not limited to two factor authentication”.
Media reported on Friday that Bansal's email account was hacked and two emails were sent in his name to Flipkart's CFO Sanjay Baweja on March 1 at 11.33 a.m., directing him to transfer $80,000 (roughly Rs. 52 lakhs).
Benny further stated “We have filed a case of email spoofing which involves use of a forged email header to make it look like a legitimate email. This case of email spoofing was immediately detected and a report was filed with police”.