New massive data breach hits Sberbank

On October 24, the newspaper Kommersant reported that Sberbank clients’ personal data were for sale on the black market in a database that apparently contains roughly a million lines of customers’ passport numbers, registration information, home addresses, telephone numbers, account numbers and balances, and records of any recent communication with the bank’s call center.

Spokespeople for Sberbank, meanwhile, deny any such data leak. Earlier in October, another leak of 60 million Sberbank credit card numbers was reported, though the company’s spokespeople acknowledged the leak of just 5,000 clients’ card numbers.

These incidents are just two episodes in the wider theft and illegal sale of banking information that belongs to millions of Russians. Meduza asked two experts who work on preventing data leaks to weigh in on the Kommersant reports, and explain why Russian banks don’t do more to protect their customers’ information.

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Topics: Cybercrime, Cybercrime, Cyberwar, Cybersecurity, Cybersecurity, Fintech, News
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