Mobikwik data breach: In a major development, an independent cyber security researcher have claimed that a data base containing KYC details of nearly 3.5 million users of the digital wallet and payments platform MobiKwik was hacked and its content leaked. It is now up for sale on the Dark Web. However, Mobikwik has denied claims that sensitive data of millions of its users has been leaked, according to IANS.

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According to the report, first tweeted by independent cyber security researcher Rajshekhar Rajaharia and then by French researcher Elliot Alderson on Monday, the alleged Mobikwik data leak includes 8.2TB data containing users' phone numbers, emails, hashed passwords, addresses, bank accounts and card details. MobiKwik, however, vehemently denied any such breach.

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"Some media-crazed so-called security researchers have repeatedly attempted to present concocted files wasting precious time of our organization as well as members of the media. We thoroughly investigated and did not find any security lapses. Our user and company data are completely safe and secure," the company was as quoted as saying to IANS.

The cyber security researcher Rajaharia had claimed earlier that "11 crore Indian cardholder's cards' data including personal details and KYC soft copy (PAN, Aadhaar etc) allegedly leaked from the company's server in India".  The entire database is available for 1.5 Bitcoin (nearly $84,000) on the Dark Web. The report further revealed that the breached data includes details such as email addresses, phone numbers, bank account and card details.