Iranian crypto exchange exposes KYC data of 230,000 users, investigation reveals

nexninja
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Iranian crypto buying and selling platform Bit24.money has apparently inadvertently uncovered the delicate knowledge of almost 230,000 customers, in keeping with latest analysis.

In line with an investigation performed by Cybernews, the Iranian crypto trade Bit24.money misconfigured a high-performance object storage system occasion, inadvertently granting entry to cloud storage containers containing the platform’s Know Your Buyer (KYC) knowledge.

The researchers realized that roughly 230,000 Iranian residents have fallen sufferer to a misconfiguration, which led to the publicity of their written consent to rules, together with delicate particulars equivalent to passports, IDs, and bank cards. In a commentary to Cybernews, a spokesperson for Bit24.money referred to as the claims “inaccurate and deceptive,” emphasizing that there isn’t a proof of an information breach or unauthorized entry to delicate person info.

“The reference to a misconfigured MinIO occasion granting entry to S3 buckets containing KYC knowledge is wholly unfaithful and doesn’t align with our system structure or safety protocols. We are able to affirm that our MinIO setup and cloud storage containers stay safe, and there was no unauthorized entry to any delicate person knowledge.”

Hossein Amini, a safety engineer at Bit24.money

Though Amini reassured that person knowledge is protected and safe, Cybernews inspired involved customers to succeed in out to the platform’s assist concerning the matter.

As crypto.information earlier reported, Bit24.money, together with different Iranian crypto exchanges like Wallex.ir, Excoino, and Aban Tether, accounted for 12% of all funds, each home and worldwide, that flowed to Iranian exchanges in 2022. Primarily based on the TRM Labs report, roughly 90.3% of counterparty funds despatched to Iranian exchanges originated from exterior exchanges, 4.9% from sensible contracts, and 4% by way of unhosted wallets.


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