Records exposed at Cayman Islands bank

Threat Post posted an article on December 1, 2020, about records being exposed from a Cayman Islands bank. Below are some key highlights:

  • An offshore Cayman Islands bank’s backups, covering a $500 million investment portfolio, were left unsecured and leaking personal banking information, passport data and even online banking PINs.
  • The massive cybersecurity blunder was pointed out by a researcher to The Register, which agreed not to disclose the name of the compromised bank in return for details about how this happened.
  • Hotel reservation platform Cloud Hospitality, which is used by hotels to integrate their systems with online booking systems, recently exposed the data of about 10 million people as the result of a misconfigured Amazon Web Services S3 bucket.
  • Securing the cloud, and the sensitive data stored in it, needs to become a top priority at all levels of organizations both for protecting the business reputation, as well as the bottom line, researchers warned. Worse, cybercriminals are well aware of the myriad of misconfigured cloud instances, and continuously monitor the entire internet for such low-hanging fruit.

 

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