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Data of 1.2 million Cardholders leaked, Including SBI, American Express, Finserv Customers

Data leak of sensitive information affected Visa and Mastercard networks, and customers of major banks are now at risk of phishing and fraud

Sensitive data of 1.2 million cardholders leaked on a Russian-speaking dark web forum called BidenCash, reported CloudSEK. The breach was discovered by CloudSEK's "contextual AI digital risk platform XVigil" on October 6, 2022. "Approximately 508000 debit cards were breached with 414000 records of Visa payment network. This was followed by Mastercard", said CloudSEK's website. It added that the top three affected banks were American Express US Consumer, Finserv Solutions LLC and State Bank of India. CloudSEK shared a screenshot of the advertisement for sale put up by the hacker. [caption id="attachment_170096" align="aligncenter" width="801"] Source: cloudsek.com[/caption] Not the first data breach on BidenCash On June 15, 2022, CloudSEK identified a database of 7.9 million cards and associated personally identifiable details being advertised on BidenCash for free. Adding to this the recent leak of 1.2 million cardholders takes the total number of users affected by BidenCash to 9.1 million. "Marketplaces like BidenCash emerge frequently where the threat actors trade-sensitive card data for carding and cloning services. While the modern-day security mechanisms are able to minimise the impact, threat actors regularly check to deploy new methods to bypass them," said Rishika Desai, Cyber Threat Researcher- CloudSEK according to Business Insider. What information has been leaked?  Card Number, Expiry, and CVV Telephone Number Address of Residence Email Bank Name Name Phone SSN Card Status Type and Circuit of the credit card Impact of the leak The leaked personally identifiable information could enable "threat actors to orchestrate social engineering schemes, phishing attacks, and even identify…

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I cover privacy, surveillance and tech policy. In my reporting, I try my best to present the most relevant facts, and sometimes add in a pinch of my thoughts.

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