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Below the line - The Hindu BusinessLine

Below the line
Much said, lots unsaid
Cyrus P Mistry bowed out with dignity after the Supreme Court verdict in the long-drawn Tata-Mistry tussle, with a statement that he was personally disappointed with the verdict. In the statement, he said he would be “eternally grateful” for the opportunity he got to work with the group. While CPM, as he is fondly known, said much including that he sleeps with a “clear conscience” and stands by the integrity of his actions and their consequences, much was left unsaid, too. For instance, his lament that he would not be able to influence the direction of governance of the Tata Group. Reading between the lines, that he could not ensure a board-driven system of decision-making and governance that is larger than any ‘one individual’. ....

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Morning Brief: Kwik, save my data! Mobikwik leaks expose fintech data security systems

Morning Brief (ET Bureau)
Devina Sengupta | 17:24 Min | April 02, 2021, 8:00 AM IST
The alleged data leak at Mobikwik once again highlighted shortcomings in the security infrastructure of fintech companies, which put millions of users at risk. Siddharth Vishwanath, cyber security leader at PwC, and independent researchers Srinivas Kodali and Rajshekhar Rajaharia explain what happens when data falls into the wrong hands and how to prevent more breaches.
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A hacker, 10 crore MobiKwik users, over 1 month: Timeline of the largest KYC data breach - Latest News

A hacker, 10 crore MobiKwik users, over 1 month: Timeline of the largest KYC data breach
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A hacker, 10 crore MobiKwik users, over 1 month: Timeline of the largest KYC data breach
Debashis Sarkar
A hacker who goes by the name “ninja storm” had put up 8.2TB data of MobiKwik users for sale at a price of 1.5 Bitcoin which translates to around Rs 65 lakh on March 27, 2021. But now he claims to have deleted all data from his end for free. Here s the chain of events of “largest KYC data breach”. | Gadgets Now | Updated: Apr 1, 2021, 09:15AM IST
Soon after MobiKwik officially denied reports of the “largest KYC data breach” for the second time in a month, the hacker in a post on ....

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Mobikwik Data breach: RBI orders forensic audit of systems by certified auditor

Mobikwik Data breach: RBI orders forensic audit of systems by certified auditor
The central bank has asked Mobikwik for an immediate investigation conducted by an agency accredited by the CERT-IN.
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Updated: Apr 1, 2021, 03:40 PM IST
The case of a data breach of users from the popular online payment Mobikwik app is now catching on. Taking cognizance in the case of leakage of information of crores of users, the Reserve Bank of India (RBI) has ordered an inquiry immediately.
As per Zee News Hindi, citing a Business Today report, the RBI has taken the data breach case users very seriously and has ordered Mobikwik to conduct an immediate forensic audit. The company has been asked to get the matter probed by a certified auditor. However, given the seriousness of the matter, RBI and Mobikwik declined to comment. ....

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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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