Home स्मार्टफोन MobiKwik denies data breach of 3.5 mn users amid IPO plans

MobiKwik denies data breach of 3.5 mn users amid IPO plans


Digital wallet and payments company MobiKwik, reportedly planning an initial public offering (IPO) around September this year to raise $200-250 million, on Monday denied claims that sensitive data of millions of its users has been leaked. Independent cybersecurity researchers have claimed that a database containing KYC details of nearly 3.5 million users of MobiKwik is up for sale on the Dark Web.

First tweeted by independent cybersecurity researcher Rajshekhar Rajaharia and then by French researcher Elliot Alderson on Monday, the alleged breach includes 8.2TB data containing users’ phone numbers, emails, hashed passwords, addresses, bank accounts, and card details. MobiKwik, however, vehemently denied any such breach.

“Some media-crazed so-called security researchers have repeatedly attempted to present concocted files wasting precious time of our organisation as well as members of the media,” the company said in a statement shared with IANS. “We thoroughly investigated and did not find any security lapses. Our user and company data is completely safe and secure,” the company added. 

Alderson had tweeted: “Probably the largest KYC data leak in history.”

Rajaharia had claimed earlier that “11 crore Indian cardholder’s cards’ data including personal details and KYC soft copy (PAN, Aadhaar, etc) allegedly leaked from the company’s server in India”.

According to the researchers, the entire database is available for 1.5 Bitcoin (nearly $84,000) on the Dark Web. The reports surfaced as MobiKwik last week raised $7.2 million in a funding round prior to the listing on the stock exchange, according to regulatory filings with the Ministry of Corporate Affairs.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Tap and pay with Google Pay NFC may become reality

Google Pay is likely to up the ante in India’s burgeoning fintech segment by launching NFC based payments. The NFC technology lets users...

SpaceX returns 4 astronauts to Earth in rare night splashdown

SpaceX returned four astronauts from the International Space Station on Sunday, making the first U.S. crew splashdown in darkness since the Apollo 8...

विदेश में फोन कॉल करने के लिए ऐसे करें अपने Airtel नंबर पर ISD एक्टिवेट

क्या आप अपने एयरटेल नम्बर पर ISD को एक्टिवेट करना चाहते हैं? आम भाषा में प्रचलित ISD को International Subscriber Dialling कहा...

New OnePlus Nord series likely to launch in India; Check price, features and more

Chinese smartphone maker OnePlus is cashing on the success of Nord series smartphones as it plans to launch Nord N100 and Nord N10...

Recent Comments