Read

Cybernews researchers discovered a public AWS storage bucket exposing sensitive user data from Nigerian crypto exchange Bitnob.
<a href="https://crypto.news/tag/nigeria/" target="_blank" rel="noopener noreferrer nofollow">Nigerian</a> crypto exchange Bitnob reportedly exposed over 250,000 Know Your Customer documents, including sensitive user data, due to a misconfigured Amazon Web Services storage bucket.
An investigation <a href="http://cybernews.com/security/bitnob-data-leak?data=89y3h2h89crypto89y32news7twee44" target="_blank" rel="noopener noreferrer nofollow">revealed</a> by the Cybernews research team on Nov. 6, discovered that the leak was first discovered on Sept. 11. Per the analysts, the leak contained KYC documents such as government IDs, passports, and driver’s licenses.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “Cybernews researchers have identified that the exposed bucket belongs to Bitnob, a fintech platform headquartered in Lagos, Nigeria.”
 Cybernews
</blockquote>
The analysts noted that KYC documents are highly sought after on dark web marketplaces, with digital passport scans selling for $15.
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/kyc-and-aml-in-mica-rules-how-will-crypto-change-in-2025-opinion/"> KYC and AML in MiCA rules: how will crypto change in 2025? | Opinion </a>
<h2 class="wp-block-heading" id="bad-actors-target-bitnob-s-users">Bad actors target Bitnob’s users</h2>
Cybernews attributed the leak to “likely human error,” pointing to common misconfigurations as a potential cause. While Bitnob has since secured the data, the exchange has not released any statements regarding the incident. As of press time, no public comments have been made about the breach.
Founded in 2020 by Adeolu Akinyemi, Bernard Parah, and Usman Majeed, the Lagos-based crypto platform offers Bitcoin-based services such as transfers, savings, and loans across Africa. Although the duration of the exposure remains unclear, Cybernews analysts believe “it’s likely that threat actors have found it, too.”
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/us-and-nigeria-form-alliance-to-fight-crypto-crime/"> US and Nigeria form alliance to fight crypto crime </a>

Bitnob crypto exchange data breach: 250k KYC documents at risk

Table of Contents

crypto.news

Other articles published on Nov 6, 2024

Musk Jesus Solana Memecoin Will Explode 19,000% Before Exchange Listing, As SHIB and BONK Underpe...

Solana Surpasses BNB and Targets $200 Amid Bullish Market

Bitcoin’s $200K Target: What This Analyst’s Past Calls Tell Us

A New Frontier – Bitcoin Miners Dive into AI for the Next Industrial Leap

Gary Gensler’s SEC Chair Term May End: Who Will Replace Him?

Major Boost for Crypto as Pro-Blockchain Candidates Dominate 2024 Election Races

Join our free newsletter for daily crypto updates!