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SMB loans app breached 500,000 business passwords

A mobile app that is no longer in operation has been identified as the source of an exposed database containing close to 500,000 personal and business financial records.

Security researchers at vpnMentor were able to trace the exposed database back to a former Android and iOS app called MCA Wizard which was jointly developed by Advantage Capital Funding and Argus Capital Funding back in 2018.

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