Zhao Changpeng, founder and CEO of cryptocurrency exchange Binance, tweeted on Monday that the company had detected the leak of 1 billion resident records “from an Asian country“, without specifying which one.
He claims to have stolen one billion records of Chinese citizens that were in the hands of the Asian giant’s police.
- A hacker sells on Breach-Forums 23 terabytes with the information of 1,000 million Chinese for 10 bitcoin, about 195 thousand dollars.
- If confirmed, it would be the biggest data hack in history.
- Zhao Changpeng, CEO of Binance, said that his exchange has stepped up user verification processes after irregular activity was detected.
Just over 50% of web users around the world have suffered a cybercrime at some point.The most common classes of cybercrime include malware breaches on digital devices and unauthorized access to social media and email accounts.
This Monday, July 4, it was learned that a hacker claims to have obtained a large amount of personal information from the Shanghai police: there are no less than one billion Chinese citizens affected.
If proven, according to technology experts consulted by Reuters, it would be one of the largest data leaks in history.
The anonymous Internet user, who has been identified as “ChinaDan”, posted an ad on the hacker forum Breach-Forums offering for sale more than 23 terabytes (TB) of information data from one billion Chinese for 10 bitcoin, something as well as $195,000.
“It is the Shanghai National Police database (…) it contains many TB of data and information about billions of Chinese citizens,” reads the text of the advertisement on Breach-Forums.
“The database has information on 1 billion Chinese residents. It includes names, addresses, places of birth, national identification numbers, mobile phone numbers and all the details of crimes or cases”, it adds.
So far, the authenticity of the publication has been verified.
The post is receiving a lot of buzz on China’s Weibo and WeChat social media platforms due to the volume of the potential hack.
There was so much talk that Weibo blocked the hashtag “data leak”.
Zhao Changpeng, CEO of Binance, said on Monday that his exchange had stepped up user verification processes after its intelligence sector that analyzes potential threats detected the sale of records belonging to one billion Chinese residents on the deep web.
Shanghai authorities have not publicly responded to the alleged hack. Representatives from the city police and the Cyberspace Administration of China, the country’s Internet watchdog, have also not responded.
He is a cyber security and malware researcher. He studied Computer Science and started working as a cyber security analyst in 2006. He is actively working as an cyber security investigator. He also worked for different security companies. His everyday job includes researching about new cyber security incidents. Also he has deep level of knowledge in enterprise security implementation.