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Online trading broker FBS exposes 20TB of data with 16 billion records

Posted on Mar 27, 2021
Online trading broker FBS exposes 20TB of data with 16 billion records

The leaked data also included unredacted credit cards and passports of millions of users around the world.

The team of security researchers at WizCase led by Ata Hakcil discovered a massive trove of data belonging to FBS, a prominent online trading broker with offices in Belize and Cyprus.

FBS is home to 16 million traders and 400,000 partners from over 190 countries.

According to researchers, FBS exposed almost 20 terabytes worth of data comprising over 16 billion records. As a result, millions of FBS customers had their personal and sensitive information accessible online.

It is worth noting that the data was left open to public access on an Elasticsearch server without any security authentication. This means that anyone with knowledge of unsecured databases could have downloaded the data with no password required.

What’s worse is that the company also exposed files sent by users for account verification or identity confirmation.

The fact that FBS uploaded unredacted credit cards on a web server and left them exposed for public access could have a devastating impact on unsuspecting users including empty bank account, identity theft, extortion, and blackmailing scams to name a few.

Full article on https://www.hackread.com/online-trading-broker-fbs-exposes-data/

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