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Reports on social media on Wednesday evening indicate Cab-hailing platform Bolt (formerly Taxify) may have been hacked. However, the company has quickly come out to deny the story claiming that it had not been hacked.


Bolt quickly issued a statement denying the story. According to the company, its platform was not hacked. The statement, however, acknowledged that Bolt’s payment service provider might be experiencing some technical glitches “which we are trying to clarify”.


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Nairametrics initially reported social media accounts that the platform’s website may have been hacked however Bolt’s press release has now confirmed that the website was not hacked. Whilst this is the official position, it did not reveal who their payment partners are and whether the payment partner was hacked or what may have caused the issues.

Why this matters: Cybercrime has been rampant across the globe as cybercriminals hack websites of e-commerce websites to steal millions of user data. Even internet giants such as Facebook have experienced the wrath of hackers and have deployed several tools to avoid future occurrences. Bolt is one of the most widely used Car hailing service in Nigeria and would have sparked a major frenzy had the application been hacked as allegedly rumored on social media.

Emmanuel holds an MSc. in International Relations and a B.A in Philosophy & Logic, both from the University of Ibadan. He is a communications professional. As a Lead Business Analyst at Nairametrics, he focuses mostly on quoted companies, their products/services, and the economy in which they operate. Emmanuel is also experienced in the areas of corporate communication, brand communication, corporate storytelling, public relations, business research, management/strategy, etc. You may contact him via his email- emmanuel.abara@nairametrics.com.



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