I've heard of this happening before, this is the dirty little secret of offshoring CS work to India, it's assumed that you are going to have data breaches and large scale hacks since the majority of the engineers they are overworking and underpaying will fold for a even a modest sum of BTC or USD, ​since to them they just won the lottery.

A lot of large corporate hacks in recent years, I suspect, began with Hackers buying backend access to a company's IT services via their Indian offices.