In Egypt, social media is abuzz with claims that Fawry, a leader in electronic payment solutions and digital financial services, has suffered a security breach. However, the company has denied all the rumors.
Public Reaction
Citizens quickly took to social media, alleging a major cyber attack on “MyFawry,” causing a complete outage for individual credit and debit cards.
Furthermore, posts hinted that banks sent out warnings against using the app, citing a security company’s alerts about Fawry and a Chinese company falling victim to dark web breaches.
Customer Advice
One affected customer stated that password changes, app deletions, or account locks on “MyFawry” are futile as credit card data is stored on the company’s database.
Moreover, the same individual suggested the sole solution is to block the card through the bank and obtain a replacement, considering the hackers have full card details.
Fawry’s Official Response
Fawry has denied the rumors of a cyber attack or system breach. It emphasized the robustness and effectiveness of its electronic defenses.
The company immediately investigated its servers and found no evidence of any breaches.
In addition, Fawry assured that no financial or banking data of clients were leaked. It highlighted its adherence to the highest standards of cybersecurity in line with global regulatory requirements.
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