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GIA Publishes List of Client Accounts in Report Hacking Case

Oct 27, 2015 4:24 AM   By Rapaport News
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RAPAPORT... The Gemological Institute of America (GIA) has published the list of client accounts that submitted the 1,042 diamonds whose color or clarity reports were altered by hackers, the organization said in a statement October 27.

The list includes the number and issue date of the invalidated reports, the shape and weight of each diamond, and the submitting client account, the GIA said. The list does not include color or clarity grades because these may have been altered, it added.

In another development, two former employees of Tata Consultancy Services, a contractor that supports GIA databases, are in custody, according to the statement. Client accounts listed by the GIA have been suspended from further submissions to the institute pending further investigations.

The GIA is co-operating with the country’s police authorities in relation to the investigation, it added. It was given the go-ahead by the police to publish the accounts after the probe had reached a point at which this was acceptable, the statement further said.

The GIA also requested that anyone in possession of any of the diamonds and grading reports in question return them immediately to it for a free examination. The GIA invalidated grading reports for 1,042 diamonds submitted mostly to its India grading laboratory after an outside party gained unauthorized access to the GIA’s grading information database and changed the reports, the group confirmed in a statement October 23.

Clients that submitted the diamonds in question have been contacted and suspended from further submissions to GIA pending continued investigation.

Meanwhile, in response to the incident, the London Diamond Bourse has introduced a report checker aimed at flagging stones that need further examination by the GIA, the exchange said in a statement October 26.
Tags: GIA, Rapaport News
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