Binance’s threat research finds more than 1 billion resident records for sale on the dark web

From crypto-news-flash.com

Online user data has always been at the mercy of companies who control it. Data theft incidents have been on the rise recently across industries and sectors. Cryptocurrency exchange Binance recently conducted threat research and found some glaring details.

On Sunday, July 3, Binance CEO ChangePeng Zhao shared that Binance’s threat intelligence recently found that more than 1 billion resident records have been available for sale. As CZ tweeted:

Our threat intelligence detected 1 billion resident records for sell in the dark web, including name, address, national id, mobile, police and medical records from one asian country. Likely due to a bug in an Elastic Search deployment by a gov agency. This has impact on hacker detection/prevention measures, mobile numbers used for account take overs, etc.

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