Fintech Fumble: Vroom’s Data Blunder Exposes 27,000 Records to Cyber Risks

In a blunder of epic proportions, Australian fintech company Vroom by YouX, formerly Drive IQ, left 27,000 sensitive records wide open on an Amazon S3 bucket. Cybersecurity researcher Jeremiah Fowler exposed this data slip, revealing a jackpot of personal info like driver’s licenses and bank details, leaving cyber crooks drooling.

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Hot Take:

Who needs a reality show when you have the cybersecurity world? Vroom by YouX, formerly known as Drive IQ, decided to give away a freebie – 27,000 records of sensitive data – in their own version of “Storage Wars: Data Breach Edition.” Fortunately, the show was short-lived, thanks to a quick-thinking cybersecurity hero, Jeremiah Fowler. Move over, Hollywood; data breaches are the new drama!

Key Points:

  • A cybersecurity researcher discovered an exposed Amazon S3 bucket containing 27,000 sensitive records linked to Vroom by YouX.
  • The database had no password protection or encryption, exposing personal info like driver’s licenses and bank details.
  • Fowler also found evidence of another MongoDB instance with 3.2 million documents, posing additional risks.
  • Vroom acted swiftly to secure the exposed data and promised a post-incident review of their security practices.
  • The fintech industry faces growing cybersecurity threats, with ransomware attacks on the rise.

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