Bit24.cash LEAKS Sensitive User Data, Are YOU Affected?
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January 8, 2024 10:48 am
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Iranian exchange Bit24.cash has reportedly accidentally leaked the sensitive personal information of 230,000 users.
Sources say the leak occurred due to a vulnerability relating to their high-performance object-storage system—basically a coding vulnerability.
Because Bit24.cash conforms to strict KYC policies, users are forced to store incredibly sensitive data such as government-issued ID, birth certificates, passports, and other forms of identification with the exchange.
Spokespeople for the exchange vociferously denied the reports and allegations of any leak from the platform. Daily Coin explained:
Specifically, the exchange labeled the reference to a misconfigured MinIO instance granting access to its cloud storage containers as “wholly untrue,” stating that it didn’t align with its system architecture or security protocols.
However, multiple users and outlets reported the data leak issue and the news has become widespread:
🔐 https://t.co/A0RBZYQkEV faces security scrutiny as Cybernews reports a data breach affecting 230,000 users, exposing sensitive KYC data.
📰 Never moss amy #CryptoNews follow @CoinGapeMedia. 🔔https://t.co/DiWli0fgV1
— Crypto News (CoinGape) (@CoinGapeMedia) January 8, 2024
Another day, another exchange that threatens the safety of their users.
This is what KYC will do for you 🌈https://t.co/40EiBb99M1
— BasicSwap DEX (@BasicSwapDEX) January 8, 2024
Iranian crypto exchange https://t.co/Rr6GUwwwWn leaks user passports and IDs: https://t.co/Rr6GUwwwWn has inadvertently exposed sensitive data belonging to nearly 230,000 users, as revealed by Cybernews research. Due to its limited access to foreign… https://t.co/DmejNH4mVn pic.twitter.com/x7ik2TR22J
— Shah Sheikh (@shah_sheikh) January 7, 2024
Iranian crypto exchange https://t.co/138ZA9LU8r leaks user passports and IDshttps://t.co/sVubuVStjq
– via AttackIO CyberSecurity#cybersecurity #security #infosec #cybercrime #attackio #vatins #cyber #cybersecuritynews
— Vatins Systems (@VatinsSystems) January 8, 2024
Crypto News added:
As crypto.news earlier reported, Bit24.cash, along with other Iranian crypto exchanges like Wallex.ir, Excoino, and Aban Tether, accounted for 12% of all funds, both domestic and international, that flowed to Iranian exchanges in 2022.
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