Paytm Confirms There Has Been No Instance of Hacking at Paytm Mall And That All User Data Is Safe
4 years, 3 months ago

Paytm Confirms There Has Been No Instance of Hacking at Paytm Mall And That All User Data Is Safe

News 18  

This may come as a huge relief to Paytm Mall users. The financial technology company Paytm has confirmed that they have not found any security lapses or hints of a possible hack or data breach, which may have compromised the user data. This comes after yesterday’s reports that indicated that the user data for Paytm Mall had been hacked and the hackers were demanding a ransom. The cyber risk intelligence platform Cyble had said that a known cybercrime group with the alias ‘John Wick’ has been able to upload a backdoor on the Mall application or website and gain unrestricted access to the entire database of Paytm Mall. We have been investigating the claims of a possible hack and data breach, and haven’t found any security lapses yet,” says a Paytm spokesperson in a statement shared with News18.

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