‘Probably the biggest KYC knowledge leak in history’ demonstrates the importance of Bitcoin privacy

According to an India Times report, users of the Indian-based mobile wallet app MobiKwik and the dark web filtered up to 8. 2 terathrough of knowledge.

A white hat hacker who highlighted the rape called it “probably the largest breach of KYC knowledge in history,” according to india times.

The leak includes identity scans, passports, emails, phone numbers and addresses, and is lately on sale in piracy forums for 1. 5 BTC, according to the report. The technadu reporting entity lists the assets for sale as follows:

“The reseller lists the following included in the package:

When you enter email addresses or phone numbers, the portal returns valid user information, Technadu.

Since then, MobiKwik has denied this claim, saying: “Some of the so-called media-mad security researchers have continually tried to send invented files, wasting valuable time for our organization as well as media members. We conduct a thorough investigation and do not discover any safety defects. The knowledge of our users and our corporate is absolutely safe and secure,” Technadu said.

In any case, the alleged leak underscores the importance of avoiding centralized databases that purchase user data. These are great targets that represent incredibly difficult access to non-public information and will be attacking issues for hackers. Bitcoin community, as no third party promises coverage of the budget of Bitcoin or its owners. It is therefore essential to circumvent these objectives.

While this would possibly seem to come from over-caution, MobiKwik’s alleged hack obviously demonstrates price privacy practices.

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