The Perilous Price of Convenience: How Online Gift Card Stores Put Your Identity at Risk
Online gift card store exposes hundreds of thousands of customer IDs, highlighting the dangers of lax data security practices.
Matilda
The Perilous Price of Convenience: How Online Gift Card Stores Put Your Identity at Risk
In today's digital age, convenience reigns supreme. From online shopping to streaming services, we've embraced the ease and accessibility of digital platforms. However, this convenience often comes at a cost, particularly when it comes to our personal data. A recent security breach at MyGiftCardSupply, an online retailer of digital gift cards, serves as a stark reminder of the dangers lurking beneath the surface of our digital lives. The Breach: A Wake-Up Call MyGiftCardSupply, like many businesses operating in the digital realm, requires customers to undergo Know Your Customer (KYC) checks to comply with anti-money laundering regulations. This typically involves verifying customer identities through the submission of government-issued identification documents such as driver's licenses and passports. However, a security researcher discovered a grave oversight: the company's storage server containing these sensitive documents was left completely unsecured, exposed to the …
