Two former employees of Baccarose Perfume and Beauty Products Private Limited, presently employed at Shopper’s Stop Beauty, are at the centre of a investigation into data theft. The accused allegedly transferred sensitive company data to their current employer – Shopper’s Stop Beauty shortly before resigning, raising critical concerns about data security and corporate ethics.
The breach came to light when Baccarose’s IT security systems flagged irregular activity, leading to a deeper analysis that uncovered unauthorized data transfers. This has since escalated into a formal criminal investigation, with the police filing an FIR against the individuals involved.
The police have registered an FIR against both the former employees of Baccarose Perfume and Beauty Products Private Limited in Worli, a leading distributor of luxury fragrance and beauty products
Preliminary findings reveal that both the ex-employees of Baccarose Pvt Ltd joined in the year 2021, and resigned in July 2024 and July 2023 respectively to join Shopper’s stop beauty. This information was sensitive and plays a crucial role in deciding future business strategies.
This incident highlights the evolving challenges faced by businesses in protecting their data assets in an increasingly digital and competitive landscape. It serves as a wake-up call for the industry to prioritize robust cybersecurity measures and employee integrity.
The investigation is ongoing, with authorities working diligently to uncover the full extent of the breach and ensure accountability.