Data breach menace

India needs an effective privacy law quickly

Topics
Data breach | Privacy concerns | MobiKwik

Business Standard Editorial Comment  |  New Delhi 

Independent cyber-security researchers have claimed that a database containing know-your-customer details of nearly 3.5 million users of fintech service provider MobiKwik is up for sale on the Dark Web. An 8.2 terabyte database was allegedly offered for sale by a pseudonymous hacker for the equivalent of $75,000, payable in cryptocurrency.

The hacker even offered a search engine for prospective buyers to check the details. The database had fields such as email IDs, phone numbers, passwords, physical addresses, credit card details, soft copies of identification documents and details of ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, April 07 2021. 23:06 IST
RECOMMENDED FOR YOU
.