Fergie's Tech Blog

Russian Banks Join Global Data Breach Epidemic

Roberto Preatoni writes on Zone-H News:

A huge attack against several major Russian banks ended up with the leak of a database containing the personal details of about 3 million individuals. The data is now being sold for between 2,000 - 4,000 roubles (around $76 - $150) at Russian black market.

This case represents a further example about the low level of security that is supposed to protect people but it wouldn’t be so worth noticing if it wasn’t for the outcry this news has caused :a media fuss that might have negative effects on data security as well.

The aspect of this story that mostly aroused journalists’ curiosity is the fact that this specific database contain information about clients of Russian banks who’ve been refused credit, and those who’ve defaulted, either partially or fully, on their payments.

Moreover, the archive includes personal details such as name, address, and passport numbers since in Russia, in credits applications in Russia such details are required.

posted by Fergie @ 12/19/2006 10:22:00 AM