One of the popularly used payment applications Mobikwik has wooed trouble after allegations of an online data breach. The data comprising details such as Aadhaar details, contact numbers, addresses, and other vital KYC details. The accusation says, the details of nearly 3.5 million users who are at risk after 8.2 terabytes of data about homegrown transactional platforms were leaked on the dark web, and are for sale. Initially, Mobikwik was seen defending itself and denied the data breach.
But later, the data breach turned out to be real after some of its users posted screenshots of their financial and KYC details on social media via posts and tweets. Sources say the dark web link comprising this vital information was up for sale for around 1.5 bitcoin that is nearly $86,000. All the data such as KYC details, Aadhaar number are visible to everyone, except its password.
Meanwhile, on the other hand, Mobikwik has said it has found no issues or security failures on its part. One of Mobikwik’s spokesperson said- “Some media-crazed so-called security researchers have repeatedly attempted to present concocted files wasting precious time of our company as well as members of the media. We fully investigated and did not find any security lapses. Our users and organization data is completely safe and secure”.
Talking about the post and tweets, the first tweet was made by an independent cybersecurity researcher Rajshekhar Rajaharia and then a French researcher Elliot Alderson yesterday.
Moreover, Kiran Jonnalagadda, Co-founder Hasgeek tweeted that the data breach is for real and conferred a data dump to prove his point.
“One of those credit cards was valid until a couple of weeks ago, and I don’t recall authorizing Mobikwik to save it. Companies that lie ought to be taken to the cleaners”, he added.
Lastly, several users have also tweeted about the same, and even saw their financial details on the website having leaked data.
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