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Data breaches have become far too common amid the pandemic and it has recently come to light that personal Banking and KYC information of lakhs of users of BuyUcoin, a leading Cryptocurrency exchange in India, has allegedly been leaked on the darknet.

As reported by Gadgets 360, details that are leaked because of the data breach included the names, email addresses, mobile numbers, order information, and deposit history of users. Leaked data was a result of a data breach that BuyUcoin suffered last and year and was released on the dark web by a hacker group Shiny Hunters.

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The report states that leaked data also includes other details such as bank names and account numbers, along with know-your-customer (KYC) information that includes PAN and passport numbers of BuyUcoin users. The data leak was reported by the Cybersecurity researcher Rajshekhar Rajaharia who spotted the leak on dark Web earlier this week. The details included more than three lakh BuyUcoin users, he said. The Delhi-NCR-based company claims to have over 3.5 lakh users in total.

The company earlier denied the leak. BuyUcoin CEO and Co-founder Shivam Thakral said: we would like to reiterate the fact that only dummy data of 200 entries were impacted which was immediately recovered and secured by our automated security systems. However, now the company is looking into the data leak.

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We will keep all the stakeholders updated about the proceedings and conduct a major cybersecurity overhaul throughout 2021 to upgrade platform security. BuyUcoin stands in solidarity with other companies who have faced such unlawful cyber-attacks recently. There is an urgent need to revise the current cybersecurity policy to counter such attacks. BuyUcoin is more than willing to work with industry peers and other relevant stakeholders to protect the financial technology ecosystem, said the company.

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Data Of Over 3 Lakh Indian Cryptocurrency Users Leaked On The Dark Web: Report - Mashable India