One of the biggest data leaks ever would be the billion Chinese people’ personal information that a hacker claims to have stolen from Shanghai police.
Over-the-counter information
Around 1 billion Chinese residents had their personal information exposed due to the security breach, which happened in 2022. On both the open web and the dark web, the data is now for sale. They include people’s names, addresses, social security numbers, mobile phone numbers, and other private information.
The stolen data is allegedly being offered for sale by ChinaDan, an unknown hacker, for ten bitcoins ($200,000). On the hacker website Breached.to, ChinaDan revealed their bid.
It is impossible to confirm whether or not this information is accurate at this time because neither the Shanghai police nor any other Chinese government agency wanted to comment on this significant incident. See our examination of Web 3.0 and recent hacks for additional information.
Binance CEO issues a warning regarding this hack
In light of this very risky situation, Zhao Changpen, CEO of Binance, tweeted the following:
“One billion records of inhabitants of an Asian nation, including name, address, national ID, mobile phone numbers, police and medical information, have been found for sale on the dark web by our threat intelligence services. Most likely as a result of a problem in the Elastic Search deployment by a government organization. This affects tools for detecting and preventing hackers, cell numbers used to take over accounts, etc.
It is crucial that all platforms beef up their security protocols in this area. @Binance has already tightened screening procedures for users who may be impacted.
Therefore, it is quite likely that the internet sale of this enormous amount of data is real. This illustrates the regrettable danger of centralized digitization and the potential for using this data without people’s or authorities’ knowledge. In fact, using Shenzhen as an example, which distributed 30 million e-CNY, it is conceivable that sensitive data is stored in their systems.
It is difficult to predict if anyone will take this offer seriously, but it is likely that the Chinese government will take all necessary steps to determine whether this hack is real and how to track down the individual or group responsible.
Kenny Li, co-founder of the Web3 privacy project Manta Network, believes that the leak may have an impact on the bitcoin market. The centralized exchanges or other apps might be accessed without authorization using the stolen data, according to Li.
