iPay88 which is a local online payment gateway today issued a statement that they have detected an incident where their system was hacked on May 31, 2022. They believe that the user's personal data in the form of card information may have been successfully hacked by an irresponsible party.
They did not disclose the number of users affected by this hacking incident. But with iPay88 supported on various online stores, digital wallets and online payments by various banks the amount may be high.
Since their hacked incident was detected, various security measures have been taken with no further intrusion activity detected after July 21, 2022. iPay88's security system has been improved to prevent the same incident from happening again.
The investigation is still ongoing and iPay88 has already contacted the authorities for further action. At the same time all the financial institutions that use their services have also been informed about this incident.
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