MobiKwik glitch leads to Rs 40 crore loss via UPI: Here’s how it happened and how to stay safe
Digital payments firm MobiKwik is suffering from a major technical glitch that resulted in the company losing an estimated Rs 40 crore from its accounts over a period of 48 hours. The cyberattack incident, which took place on September 11 and 12, saw more than 5 lakh fraudulent UPI transactions drain the company’s funds and is now seen as the second major security breach for the company.
