Less than a week after Zee5 had its customersโ€™ data leaked, MobiKwik, one of Indiaโ€™s top fintech platforms seems to have the same fate now. A security researcher has shared some images of data claiming to be from MobiKwikโ€™s servers, which has been leaked by a hacker. While the data remains unverified, MobiKwik has straightway denied the allegations.

MobiKwik Data Leak Incident

MobiKwik is one of the well-known names in the Indian payments sector, which has been a part of the financial technology revolution that rose after demonetization in 2016. While itโ€™s lagging behind the top players like GPay, Phonepe, and Paytm, itโ€™s having a significant user base to serve.

Now, the company is being alleged by a security researcher named Rajasekhar Rajaharia, who on Twitter claims that about 11 crores of Indian card data were leaked from MobiKwikโ€™s server! He further states that a hacker had access to this alleged leaking server for over a month, which contained the customerโ€™s sensitive data.

Last week, he shared several images of this leak, claiming that โ€œpersonal details & KYC soft copy (PAN, Aadhar, etc) allegedly leaked from a companyโ€™s Server in India,โ€ later pointing out to MobiKwik. Screenshots shared by him from the alleged hacker donโ€™t have MobiKwikโ€™s name mentioned in it but says one of the top three Indian firms.

Also, images shared by him claiming to be the data leaked from MobiKwikโ€™s server arenโ€™t authenticated but had details like hashed card data and related transaction IDs. MobiKwik, on the other hand, has cleared the air by denying these allegations straightway. It said to have โ€œthoroughly investigatedโ€ฆallegations and did not find any security lapses.โ€

Assuring that both the user and companyโ€™s data is safe, MobiKwik said it would take legal action against Rajaharia for alleging without proper evidence. While this being an allegation, MobiKwik has already suffered a data breach in 2010 and disclosed it officially. Zee5, which was also been in the news last week, had faced a similar data breach incident last year.ย 

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