Business

MobiKwik Clarifies ₹40 Crore Fraud in Haryana Was Due to Internal Glitch, Not Cyberattack

Fintech unicorn MobiKwik has issued a clarification regarding the recent ₹40 crore fraud incident reported in Haryana, stating that the issue was not the result of a cyberattack but rather an isolated internal technical glitch. The company confirmed that customer balances, legitimate merchants, and banks were not impacted, and recovery measures are already underway. What Happened in…
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