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Massive data leak from crypto-exchange BuyUCoin; company refutes claims

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Large troves of personal and sensitive data belonging to investors on crypto-currency exchange BuyUCoin has been leaked on the dark web. The data leak was uploaded on Wednesday night by the notorious hacking group ShinyHunters and pertains to a backup of the crypto-exchanges database in September 2020. However, in response to queries sent by MediaNama, BuyUCoin refuted the allegations stating that only a limited amount of data was compromised and that it was immediately recovered and secured by the company's automated security systems. Cyber-security researcher Rajshekhar Rajaharia told MediaNama that the data leak contains sensitive information like users' name, email address, mobile numbers, password, crypto-wallet details, order details and deposit history. Further, screenshots of the leak reveal that bank account details including the bank name, account number, IFSC code and type of account has been exposed in the data dump,…

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Reports on banking, payments, fintech and crypto-curencies. Additional reporting on media regulations, data protection and other areas.

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