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<ul><li>An earlier report had suggested that <keyword id="6357120" type="General" weightage="100" keywordseo="paytm" source="Orion">Paytm</keyword> Mall suffered a massive data breach in August 2020.</li><li>It was expected that the breach had compromised data such as the user’s phone number, email address, purchase history, and more.</li><li>An investigation by Troy Hunt has now revealed that the breached data has been fabricated.</li></ul>Update on July 29: Troy Hunt, the founder of Have I been pwned, the platform that had earlier claimed that a data breach occurred at Paytm Mall in 2020 has now revealed that after a chat with Paytm’s team, he has discovered that the data did not originate from Paytm and that it was fabricated. “An update on this breach: after loading it into @haveibeenpwned, the head of @paytm's infosec team reached out and we had a chat about the authenticity of the data, which they believe didn't originate from them. We now collectively believe it's fabricated,” Troy Hunt said in a <a href="https://twitter.com/troyhunt/status/1552808334759043073">tweet</a>. Paytm, one of the largest wallet and payment services platforms, reportedly suffered a massive data breach in 2020. While the company has not accepted this, it had reportedly received a ransom demand after the data breach. Firefox Monitor, a security tracker by Mozilla that informs users if their mobile number or email has been compromised in a data breach, has today confirmed that Paytm suffered a data breach in 2020 and that data of over 3.4 million users has been discovered online. Update - Paytm has clarified the leak. “The data of our users is completely safe &amp; claims related to data leak in the year 2020 are completely false and unsubstantiated. A fake dump uploaded on the platform haveibeenpwned.com appears to wrongly alert of a data breach on Firefox browser. We are getting in touch with Firefox and the platform to resolve the matter," a Paytm spokesperson said in a statement to Business Insider India. <cmsannotation type="cmsannotation" annotationid="What information was compromised in the data breach?" comment="subhead" text="What information was compromised in the data breach?">What information was compromised in the data breach?</cmsannotation> According to a <a href="https://monitor.firefox.com/breach-details/Paytm">report</a> by Firefox Monitor, the data breach compromised information such as the user’s phone number, email address, purchase history, gender, date of birth, location and income levels. Fortunately, payment information such as saved cards was not compromised during the data breach. You need not change your passwords as the data breach did not compromise the passwords. <cmsannotation type="cmsannotation" annotationid="How to find out if your data was compromised?" comment="subhead" text="How to find out if your data was compromised?">How to find out if your data was compromised?</cmsannotation> If you are a Paytm user and wish to know if your data has been compromised, you can follow the below steps – <ul><li>Go to Have I been pwned website <a href="https://haveibeenpwned.com/">here</a>.</li><li>Enter your email address or phone number and click “pwned?”.</li><li>You will then be able to see all the websites or apps where your data was compromised.</li></ul>Several users have been warned by Firefox Monitor, and Have I been pwned that their data was compromised during the breach on Paytm. <div type="twitter" handle="narayananh" handlename="Narayanan Hariharan (NithyaKarma.com)" image="http://pbs.twimg.com/profile_images/1504760174132690949/O8KXUu5h_normal.jpg" favoritecount="73" retweetcount="14" status=".⁦@Paytm⁩ data breach. That's an awful lot of my personal info that Paytm has let out. https://t.co/Jg5BDebhLe" createdat="1658889446000" id="1552120952200507392"></div> <div type="twitter" handle="ankitpr89" handlename="Ankit Prakash" image="http://pbs.twimg.com/profile_images/1216767433605668864/3_a8Y8lQ_normal.jpg" favoritecount="9" retweetcount="1" status="And PayTm data breach. https://t.co/LaRN0PQ7Pm" createdat="1658888869000" id="1552118532552671233"></div> <div type="twitter" handle="_rajendraryadav" handlename="Rajendra Kumar Yadav" image="http://pbs.twimg.com/profile_images/1543647761199153152/wEflOpDK_normal.jpg" favoritecount="0" retweetcount="0" status="@Paytmcare @Paytm I have been warned by @firefox monitor for Data Breach.Is it true?Please confirm?@GoI_MeitY… https://t.co/w4Ftn4vwZ8" createdat="1658894750000" id="1552143198130098176"></div> SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-10t-to-launch-soon-in-india-launch-date-expected-specifications-and-everything-you-need-to-know/articleshow/93153501.cms">OnePlus 10T to launch soon in India – launch date, expected specifications and everything you need to know</a> <a href="https://www.businessinsider.in/tech/mobile/news/redmi-k50i-mobile-phone-review/articleshow/93001395.cms">Redmi K50i review: A solid performer but lacks the charm of its predecessor</a> <a href="https://www.businessinsider.in/tech/news/android-13-beta-eligible-devices-how-to-download-and-everything-you-need-to-know/articleshow/92857016.cms">Google rolls out final Android 13 beta – eligible devices, how to download, and everything you need to know</a>

Paytm Mall breach data is fabricated, says Have I been Pwned founder Troy Hunt

<keyword id="6358777" type="General" weightage="20" keywordseo="new-delhi" source="Orion">New Delhi</keyword>, March 15 (IANS) <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword> reported 2,568 new cases in a span of 24 hours, which is a slight increase from 2,503 reported on the previous day, said the Ministry of Health and Family Welfare in its latest update on Tuesday morning. In the same period, 97 deaths were reported, taking the total number of deaths to 5,15,975. In a positive development, India's active caseload has declined to 33,917. Active cases now constitute 0.08 per cent of the country's total positive cases. The recovery of 4,722 patients in the last 24 hours has increased the cumulative tally to 4,24,46,171. Consequently, India's recovery rate stands at 98.72 per cent, said the <keyword id="83655" type="General" weightage="20" keywordseo="union-health-ministry" source="Orion">Union Health Ministry</keyword>. Also in the same period, a total of 7,01,773 tests were conducted across the country. India has so far conducted over 77.97 crore cumulative tests. There has been a sustained fall in the weekly and daily positivity rates too. Weekly positivity rate in the country currently stands at 0.46 per cent and the daily positivity rate is reported to be 0.37 per cent. On the vaccination front, India's Covid-19 vaccination coverage has exceeded 180.40 crore as per provisional reports till 7 a.m. This has been achieved through 2,11,52,628 sessions. More than 17.30 crore balance and unutilised Covid vaccine doses are still available with the states and union territories to be administered, according to the <keyword id="46535" type="General" weightage="20" keywordseo="health-ministry" source="Orion">health ministry</keyword> as of on Tuesday morning. SEE ALSO: <a href="https://www.businessinsider.in/personal-finance/news/epfo-continues-to-give-attractive-interests-rate-compared-to-other-government-schemes/articleshow/90210522.cms">EPFO continues to give attractive interests rate compared to other government schemes</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/paytm-payments-bank-denies-report-claiming-it-leaked-data-to-chinese-firms/articleshow/90203210.cms">Paytm Payments Bank denies report claiming it leaked data to Chinese firms</a>

India records 2,568 COVID-19 cases and 97 deaths in the last 24 hours

<ul><li><keyword id="4009819" type="PERSON" weightage="20" keywordseo="Amazon-Pay">Amazon Pay</keyword>, <keyword id="18635" type="CITY" weightage="20" keywordseo="Amazon">Amazon</keyword> <keyword id="418872" type="PERSON" weightage="20" keywordseo="digital-wallet">digital wallet</keyword> in <keyword id="3658" type="COUNTRY" weightage="20" keywordseo="India">India</keyword>, is rolling out user verification (KYC) for its customers.</li><li>Reportedly submitting biometrics using <keyword id="144117" type="ORGANIZATION" weightage="20" keywordseo="AADHAAR">Aadhaar</keyword> credentials is a faster process for verification than other physical documents. </li><li>But concerns related to Aadhaar aren’t about its convenience, but about its security.</li></ul>Amazon Pay is the next digital wallet to roll out physical customer verification — but there’s a catch. If you use your <keyword id="6356006" type="UNKNOWN" weightage="20" keywordseo="Aadhaar-card">Aadhaar card</keyword> for verification, the process is a lot quicker than if you other methods of verification — passport, drivers license, voter ID, or bank statements. It’s not really Amazon’s fault because the biometric verification through Aadhar is simple matter of verifying your fingerprint through a fingerprint reader. But, with other physical documents, the company needs people on the ground to verify the authenticity of the documents. Simply put, the verification through Aadhaar is a lot cheaper for Amazon as compared to using other documents for physical verification. Amazon Pay and other digital wallets have to enforce user verification in line with the Reserve Bank of India’s new policy on data localisation. Not an Amazon-specific problem India’s central bank, the Reserve Bank of India, rolled out its data localisation policy rendering 95% of mobile wallets in the country vulnerable to being shut down. The directive of the policy makes it mandatory for all digital wallets to have biometrics or physical customer verification in place. Even PayTM nudged its users into adopting KYC in order to continue using their wallets. If your PayTM account isn’t verified, you can still receive payments from other users and make payments at retail outlets using the QR-code but you can’t send out money to other users directly. Other digital wallets like MobiKwik have shifted to diversifying themselves because they haven’t been able to push their customers towards KYC norms with RBI’s February deadline coming up. The case with Aadhaar India’s top court has already ruled that private companies can’t make it ‘mandatory’ for Aadhaar to be the only method of user verification. But that doesn’t negate it as an option. The issue that people are facing with Aadhaar isn’t whether or not it’s convenient, but whether or not it’s safe. The series of data breaches associated with the Aadhaar system didn’t happen through actual government database, but through third-party organisations that were using Aadhaar information as user identification. A <a href="https://timesofindia.indiatimes.com/india/80-people-concerned-about-aadhaar-data-security-study/articleshow/64382747.cms">study </a>by Velocity MR estimates that as many as 80% of respondents in India are concerned about data security when it comes to giving out their Aadhaar card information anywhere. It’s not just about identity theft but information being leaked that leads to customers being spammed over text and email — or even phished. This is probably why Amazon is looking to roll out its own Unified Payments Interface (<keyword id="6358921" type="ORGANIZATION" weightage="20" keywordseo="upi">UPI</keyword>) because, in that case, KYC isn’t mandatory for setting up an account. The verification done by the respective banks is enough. See also: <a href="https://www.businessinsider.in/in-india-amazons-fight-is-not-just-with-flipkart-but-with-paytm-google-pay-and-truecaller/articleshow/67456165.cms">In India, Amazon's fight is not just with Flipkart, but with PayTM, Google Pay and Truecaller</a> <a href="https://www.businessinsider.in/indian-government-portal-leaks-8-9mn-aadhaar-details-again/articleshow/63924186.cms">Indian government portal leaks 8.9mn Aadhaar details, again</a> <a href="https://www.businessinsider.in/supreme-court-clarifies-that-aadhar-isnt-mandatory-for-a-new-sim-connection/articleshow/63928188.cms">Supreme Court clarifies that Aadhar isn’t mandatory for a new SIM connection</a>

This is why Amazon wants your Aadhaar number

<ul><li><keyword id="44604" type="PERSON" weightage="20" keywordseo="Nandan-Nilekani">Nandan Nilekani</keyword>, Infosys co-founder and the architect of the world’s largest biometric system, was just appointed by India’s central bank to improve the adoption of digital payments in the country. </li><li>Despite numerous attempts by the Indian government, cashless payments dipped once cash was available after Prime Minister Narendra Modi’s demonetisation exercise. </li><li>There are numerous challenges ahead for Nilekani including addressing the level of digital literacy in the country and keeping digital payments affordable.</li></ul>India now has 800 million mobile phone users but merely a fraction are using digital payments. The <keyword id="6354335" type="ORGANIZATION" weightage="20" keywordseo="reserve-bank-of-india">Reserve Bank of India</keyword> has brought none other than Nandan Nilekani, the architect of the world’s largest biometric identity system, the <keyword id="144117" type="ORGANIZATION" weightage="20" keywordseo="AADHAAR">Aadhaar</keyword>, after several attempts to push Indians to go cashless fell short of the government’s goal. While the infamous demonetisation in November 2016, which aimed at pushing Indians to use digital payments, gave a temporary fillip to mobile wallets — the momentum wasn’t maintained once banks had enough cash to dispense. According to the government think tank, Niti Aayog, the digital payment market is set to reach $1 trillion by 2023.However, Nilekani, an entrepreneur-turned-techocrat, has his task cut out for him and it’s not an easy one. 
 <div type="ExtQuote" text="The five-member panel on deepening of digital payments has been constituted with a view to encourage digitisation of payments and enhance financial inclusion through digitisation." auname="Reserve Bank of India, press statement"></div>



 More internet penetration, but is it enough More people in India have access to internet in India than ever before but the infrastructure and connectivity is far from ideal, more so outside the big cities — even with credit or debit card transactions. Even when demonetisation took place, PayTM — one of India’s most-used <keyword id="6358031" type="PERSON" weightage="20" keywordseo="digital-wallets">digital wallets</keyword> — <a href="https://www.exchange4media.com/marketing-news/paytm-faces-multiple-challenges-ata-crucial-juncture-of-its-journey-67263.html">crashed</a> under the sudden increase in traffic. Force of habit It’s not about knowing that you can make payments using the internet, it’s also about habit. In rural areas, due to the lack of infrastructure and appropriate incentives — going to the bank or to the market is still easier and cheaper than shopping online. Limited digital literacy The biggest hurdle in the committee’s way isn’t access to internet but digital literacy. Educating the masses so that they are able to use these apps will be a prerequisite. Even among those who are familiar with digital modes, a large section of Indians are still paranoid about the safety of online transactions. The question of security A report by Qualcomm states that a lot of wallets and banking apps in India lack the requisite hardware security. And since they run on Android accommodating versions that lack the latest security updates, they are relatively more vulnerable to being hacked. The question isn’t only of alphanumeric passwords but also biometrics, like your fingerprint. Even one of <keyword id="30067" type="ORGANIZATION" weightage="20" keywordseo="RBI">RBI</keyword>’s mandate is speaks to that regard. 
 <div type="ExtQuote" text="Suggest measures to strengthen the safety and security of digital payments and a roadmap for increasing customer confidence and trust while accessing financial services through digital modes." auname="Reserve Bank of India, press statement"></div>



 Security and trust are two different things Even with best security in place, the people will only use digital payments if there’s trust. The recent data leaks and reports of insider fraud at PayTM have not helped that cause. Most people prefer cash in the country because it doesn’t leave a digital footprint under the perception that having every transaction scrutinized could lead to more trouble. Nilekani, one of the founders of Indian tech services major Infosys, is often eulogized for creating the Aadhaar framework, but notwithstanding the magnitude of the exercise, the unique identity project has had its share of chinks. The Tribune, when looking into the security of the Aadhar database, found that they could attain all the details about a person using the 12-digit unique identification number after <a href="http://www.tribuneindia.com/news/nation/rs-500-10-minutes-and-you-have-access-to-billion-aadhaar-details/523361.html">paying an agent</a> ₹500. For another ₹300, you get a physical copy of the Aadhaar card, which could then be used to access various government schemes. Robert Baptiste, a french researcher known by online Twitter handle ‘Elliot Alderson’, was <a href="https://twitter.com/fs0c131y/status/973482430903586816?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E973482430903586816&amp;ref_url=https%3A%2F%2Fwww.businessinsider.in%2Findian-government-portal-leaks-8-9mn-aadhaar-details-again%2Farticleshow%2F63924186.cms">able to</a> hack into the Aadhaar app in under a minute. Another twitter user, Srinivas Kodali, <a href="https://www.businessinsider.in/indian-government-portal-leaks-8-9mn-aadhaar-details-again/articleshow/63924186.cms">exposed</a> how 8.9 million Aadhaar numbers were vulnerable. Aadhaar was still a mode for people to receive government benefits and cash transfer. It will take a lot more time and effort to convince penny-wise Indians to risk their money in digital payment apps.

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Paytm Mall breach data is fabricated, says Have I been Pwned founder Troy Hunt

Sourabh Jain

India records 2,568 COVID-19 cases and 97 deaths in the last 24 hours

IANS

This is why Amazon wants your Aadhaar number

Prabhjote Gill

Can Nilekani, the architect of the world’s largest biometric project, spark digital payments in India?

Prabhjote Gill

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