YouHodler Misconfiguration Exposed Details on 86 Million Crypto Loan Records
Benjamin Vitáris reports:
Security researchers have discovered a data breach that exposed 86 million records of the crypto loan platform YouHodler.
According to vpnMentor’s security experts, the breach has exposed a massive amount of sensitive data.
The leaked data included personal information ranging from full names to phone numbers and email addresses, and financial information such as credit card numbers, CVVs, and full banking details. In some cases, crypto wallet addresses were also exposed in the breach.
Read more on CCN. Of course, an exposure doesn’t mean/prove that anyone accessed and downloaded the data, despite any hyped headlines or dire warnings from researchers. Was there any evidence that the data were accessed by anyone other than the researchers?
YouHodler issued a statement today in response to vpnMentor’s report:
On July 23, 2019, YouHodler was alerted by vpnMentor and researchers Noam Rotem and Ran Locar about an event where our system log servers were open to the public for a limited time. Fortunately, these logs did not contain any sensitive information and no one was affected.
[Note from DataBreaches.net: It’s not clear why they are claiming no sensitive information while linking to a TechCrunch report that demonstrates just the opposite.]
As a digital business, YouHodler understands user data is potentially at risk of being compromised from outside the platform. We do our best to prevent that from happening by implementing two-factor authentication and email verification. We are sure that all security settings are checked and renewed and there’re no vulnerabilities in our systems.
YouHodler would also like to take this opportunity to mention we are an approved member of the Blockchain Association. Therefore, our client’s funds are insured by our agreement with this independent third-party provider. Part of the larger, Financial Commission, the Blockchain Association is an independent, self-regulatory group that specializes in external dispute resolution (EDR). Therefore, if a client finds an issue with our platform, he and or she can send a complaint to the Blockchain Association, in which YouHodler is then legally bound to resolve the said complaint.