Forex Broker Leaked Customer Records

White hat hackers have disclosed a significant leak of client information by online forex dealer FBS Markets. This incorporates a great many confidential records, including names, passwords, email addresses, passport numbers, national IDs, credit cards, financial transactions and more. Details of the security breach, which has since been rectified after the dealer was cautioned, were uncovered by Chase Williams, a white hat hacker and site security expert, on the website WizCase. At this stage it isn’t evident whether any of the leaked information has been utilized for deceitful purposes by threat actors.

The information leak was revealed as a part of a progressing WizCase research project that scans for unstable servers, and tries to set up who the proprietors of those servers are. WizCase informed FBS of the issue. Williams said that FBS left a server containing right around 20 TB of information and over 16bn records exposed. Regardless of containing very sensitive financial data, the server was left open without any password protection of encryption. WizCase’s group said the FBS data “was accessible to anyone.” “The breach is a danger to both FBS and its customers,” WizCase said. “User information on online trading platforms should be well secured to prevent similar data leaks.”

The broker said, “The protection of our clients privacy is one of the core values of FBS, and we stick to the highest protection standards. FBS has never had such major accidents. In October 2020 we faced an overheating on the server which affected our logs recording. During the time when we were setting up a new ElasticSearch server, several wrong subnet masks were added accidentally, which led to the possibility to access the server for a very limited number of people only, in a certain part of the world.” 

FBS added that it had completed a technical audit and that to its knowledge no information had been downloaded. It has contacted the customers affected and whose information may have been undermined and encouraged them on what to do. FBS has additionally moved to a more encoded VPN and has introduced an intrusion detection system. New rules for working with the forex brokers infrastructure have been applied and other safety efforts have additionally been carried out.