SE QuickBit Jul 2019 Technical Error (Q9841)
From Open Risk Manual
A data breach risk event
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | SE QuickBit Jul 2019 Technical Error |
A data breach risk event |
Statements
80fdb430-beb1-11e9-b2db-f769187145bf
July 2019
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Swedish crypto exchange QuickBit recently confirmed that it had indeed committed a major blunder in the form of a data leak that could impact as many as 3,00,000 users of the platform. This involves essentially placing customer data on an unprotected database that was accessible to practically anyone. The exchange made the confirmation in an investor relations update where it explained what had occurred. Among the data that was exposed is crucial private information such as names and addresses. QuickBit has recently adopted a third-party system for supplementary security screening of customers. In connection with the delivery of this system, it has been on a server that has been visible outside QuickBits firewall for a few days, and thus accessible to the person who has the right tools, t (English)
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