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Indian Trade Groups Probe GIA Data Breach
Nov 1, 2015 9:40 AM
By Rapaport News
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RAPAPORT... India’s
Gem and Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond
Bourse (BDB) have formed a joint committee to investigate the alteration of
Gemological Institute of America (GIA) diamond grading reports, according to The
Times of India (TOI).
The
GIA last week published the names and suspended the accounts of 19 firms
implicated in the alleged computer hacking scheme, of which 14 units were based
in Surat or Mumbai, according to the TOI report.
The GJEPC
has appointed three trade members to carry out a probe and gather evidence, the
newspaper quoted unnamed sources as saying. The team will be talking to various
groups, including senior management at the GIA and Tata Consultancy Service
(TCS), a contractor that supports the grading lab.
The
GJEPC has the right to carry out an independent probe to establish facts when
its members are involved in an incident such as this, TOI quoted a
senior GJEPC executive as saying.
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Tags:
GIA, India, mumbai, Rapaport News, Surat
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