RBI orders financial records of MOBIKWIK company after the company platform denies data breach issues.

The RBI has asked troubled digital payments firm "MOBIKWIK", which is facing 

any data breach issues, to get financial records of the company done without

any delay. the gurugram based firm has been claimed that its systems are secure, and there

is no data breach issues, a group of hackers said that they accessed around 

10cr "MOBIKWIK" customers data of both financial and personal data.

On Wednesday, RBI ordered an immediate financial record of the company by a certified auditor.

when contacted, the RBI person os refused to comment on the issue.

"MOBIKWIK" refused to give an answer to the query on whether the RBI has ordered financial records.

"We take security and privacy of our customers seriously and we are working with authorities on the conduct of the forensic audit," it said.

A media-crazed so-called security researcher has repeatedly over the last week presented concocted files wasting precious time of our organization while desperately trying to grab media attention.We thoroughly investigated his allegations and did not find any security lapses. 1/n

— MobiKwik (@MobiKwik) March 4, 2021

 

The MobiKwik leak is real. Here is what the dump had for me. One of those credit cards was valid until a couple weeks ago, and I don't recall authorising MobiKwik to save it. Companies that lie like 👇 ought to be taken to the cleaners. https://t.co/sptyC1Jz8f pic.twitter.com/c4Uu25OviP

— Kiran Jonnalagadda (@jackerhack) March 29, 2021

 

The regulatory diktat comes after the company contacted CERT-IN on the 

allegations, the source said that CERT-IN had shared a data leak sample with 

the company management, CERT-IN concluded that the sample does not belong to them.

"MOBIKWIK" had admitted to CERT-IN on March 1, that there was an unauthorized 

attempt to access its users facing  some applications programming interface associated to 

payment link generated through its platform.

 

on Tuesday, PTI received a mail from a hacker group named jordandaven. which 

had the link of the "database of over 9.9cr users personal and financial data"

hackers group has shared that the data of MOBIKWIK  founder Bipin Preet Singh

and chief executive Upasana Taku from the database.

"As soon this matter was reported, we undergo with the  investigation with the help of external 

security experts and did not find any evidence of a data breach allegations," Mobikwik had said on Tuesday.

"For our users, we reiterate that all your Mobikwik user accounts and balances are completely safe and secure. All financial sensitive data is stored in encrypted in our databases. No misuse of your wallet balance, credit card, or debit card is possible without the  OTP

 that only comes to your mobile number. We strongly recommend that you do not try to open any dark web/anonymous links as they could jeopardize your own cyber safety," it added.