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RBI orders Mobikwik to undertake forensic audit over data breach

RBI orders Mobikwik to undertake forensic audit over data breach
The Gurugram-based company has, however, claimed that its systems are secure and that there is no basis to the allegations of data breach by a group of hackers who said that they accessed personal and financial details of nearly 10 crore customers
BusinessToday.In | April 1, 2021 | Updated 12:30 IST
RBI asks Mobikwik to carry forensic audit
The Reserve Bank of India has asked digital wallet firm Mobikwik to get a forensic audit done without delay over data breach allegations. The Gurugram-based company has, however, claimed that its systems are secure and that there is no basis to the allegations of data breach by a group of hackers who said that they accessed personal and financial details of nearly 10 crore customers. ....

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RBI orders MobiKwik to probe alleged data leak: source

3 Min Read
NEW DELHI (Reuters) - India’s central bank has ordered digital payments firm MobiKwik to probe allegations that data of its 110 million users was breached, and warned that the company will face fines if lapses are found, a source with direct knowledge of the situation told Reuters on Thursday.
FILE PHOTO: A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain/File Photo
MobiKwik, which is backed by Sequoia Capital and India’s 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. ....

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MobiKwik Data Leak: RBI orders MobiKwik to urgently probe alleged data leak: Source

Synopsis
MobiKwik, which is backed by Sequoia Capital and Bajaj Finance, has faced growing criticism this week for denying a data leak many customers and digital rights activists say is linked to the firm s database.
New Delhi: The Reserve Bank of India (RBI) has ordered digital payments firm MobiKwik to probe allegations that data of its 110 million 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 India s Bajaj Finance, has faced growing criticism this week for denying a data leak many customers and digital rights activists say is linked to the firm s database. ....

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Alibaba : RBI orders MobiKwik to probe alleged data leak

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NEW DELHI (Reuters) - India s central bank has ordered digital payments firm MobiKwik to probe allegations that data of its 110 million users was breached, and warned that the company will face fines if lapses are found, a source with direct knowledge of the situation told Reuters on Thursday.
MobiKwik, which is backed by Sequoia Capital and India s 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.
The Reserve Bank of India (RBI) was not happy with the company s initial response and has asked it to act immediately, said the source, who declined to be named as the discussion between the RBI and the company was private. ....

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RBI Orders MobiKwik To Urgently Probe Alleged Data Leak: Report

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. ....

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