Cashalo reports data security incident though no accounts compromised By JON VIKTOR D. CABUENAS, GMA News
Published February 21, 2021 3:19pm Online lending platform Cashalo over the weekend reported a potential data security breach, but assured customers that no accounts or passwords were compromised during the incident and it is now in close coordination with Philippine authorities. Cashalo said its information technology (IT) security team found the potential data security incident involving a database archive on Thursday, February 18, when an individual claimed to have the said database which was taken from a non-production system used by the company. This incident resulted in unauthorized access to a database archive that contained some personal data of Cashalo customers, including some combination of usernames, email, phone numbers, device ID, and encrypted passwords. Our encryption implementation ensured that no customer accounts or passwords were compromised, i
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