Digital challenger bank Monzo reported on Friday that Typeform, a company they have utilized for user surveys, experienced a data breach that impacted some of their users. Tom Blomfield, CEO of Monzo, published a post on the Monzo blog outlining the attack.
Monzo was quick to note that a no bank details of any accounts have been impacted and all money and accounts remained safe.
Monzo estimated that about 20,000 users were impacted with some personal information being revealed. Monzo indicated the following information may have been stolen;
- 19,213 – Email address
- 1,600 – Postcode and name of old bank
- 1,434- Twitter username and email address
- 908 – Email address and university
- 191 – Name, email address, city, age band and salary band
- 53 – Name, email address and employer
- 7 – Name and email address
The data was apparently exposed because attackers found a weakness in Typeform’s security protocol. Attackers gained access to data backups for surveys conducted before May 3rd 2018.
Cyber crime and security breaches are, unfortunately, common occurrences. There have been far too many breaches across global corporations and financial services firms.
According to a recent presentation at the DigitalBanking2018 conference in London, during the first half of 2017 there were 1.9 billion data breaches globally. This number is accelerating and is indicative of a chronic problem that requires greater action not just from private firms but public sector attention as well.
#Zoiks! 1.9 billion data breaches in first half of 2017 @avokatech #digitalbanking18 pic.twitter.com/vnobCMu1tb
— Crowdfund Insider (@crowdfundinside) June 26, 2018