Independent cybersecurity researchers Rajshekhar Rajaharia has claimed that KYC data of around 3.5 mn users of MobiKwik is up for sale on the Dark Web. French researcher Elliot Alderson, verifying the breach, said that the 8.2TB of data contains users’ phone numbers, emails, hashed passwords, addresses, bank accounts and card details. MobiKwik, which is planning an IPO this year to raise $200-250 mn, denied the breach.

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