KYC data | Breaking Cybersecurity News | The Hacker News

Popular Indian mobile payments service MobiKwik on Monday came under fire after 8.2 terabytes (TB) of data belonging to millions of its users began circulating on the dark web in the aftermath of a major data breach that came to light earlier this month. The leaked data includes sensitive personal information such as: customer names, hashed passwords, email addresses, residential addresses, GPS locations, list of installed apps, partially-masked credit card numbers, connected bank accounts and associated account numbers, and know your customer (KYC) documents of 3.5 million users. Even worse, the leak also shows that MobiKwik does not  delete the card information  from its servers even after a user has removed them, in what's likely a breach of government regulations. New guidelines issued by India's apex banking institution, the Reserve Bank of India,  prohibit  online merchants, e-commerce websites, and payment aggregators from storing card details of a customer online.

As suspected, the KYC details of thousands of Binance's customers that hackers obtained and leaked online earlier this month came from the company's third-party vendor, Malta-based cryptocurrency exchange Binance confirmed. For those unaware, Binance, the world's largest cryptocurrency exchange by volume, hit by a " Potential KYC leak " earlier this month, with an unknown hacker distributing the Know Your Customer (KYC) images of hundreds of its users online and to media outlets. Before leaking the KYC images online, the alleged hacker threatened the exchange to release KYC data of its 10,000 customers if the company did not pay 300 Bitcoins—equivalent to over $3 million at today's exchange value. While Binance CEO Changpeng Zhao called the incident a fud (fear, uncertainty, doubt), the exchange recently confirmed that some of the leaked images match actual accounts though others show evidence of manipulation. According to an official blog post , t

The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo