RBI Orders MobiKwik To Urgently Probe Alleged Data Leak: Report RBI Orders MobiKwik To Urgently Probe Alleged Data Leak: Report MobiKwik has faced growing criticism this week for denying a leak many customers and digital rights activists say is linked to the company s database.
Updated: April 01, 2021 5:28 pm IST
The Reserve Bank of India has ordered digital payments firm MobiKwik to probe allegations that data of its 11 crore users was breached, and warned the company it will face fines if lapses are found, a source with direct knowledge of the situation told Reuters.
MobiKwik, which is backed by Sequoia Capital and Bajaj Finance, has faced growing criticism this week for denying a leak many customers and digital rights activists say is linked to the company s database.