$SMME @.0099 SmartMetric Says the Latest Data Thef
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Posted On: 12/07/2021 8:26:33 AM
$SMME @.0099 SmartMetric Says the Latest Data Theft From T-Mobile Servers Has Shown the Need to Adopt Live Real-Time Biometrics for Financial Services Including Credit Cards
SmartMetric, Inc. (OTCQB: SMME), manufacturer of fingerprint biometric secured credit and debit cards, today commented on the T-Mobile data breach.
A dark web seller has offered for sale in exchange for bitcoin, 100 million personal records stolen from T-Mobile data systems. The most worrying part of this data theft is the breadth of the data stolen. It covers T-Mobile phone customers Social Security numbers, driver's license numbers, phone numbers, address details as well as the user's unique PIN used by T-Mobile to identify the phone service subscriber. As of August 18, 2021, T-Mobile is advising its pre-paid customers to change their PINs.
T-Mobile has confirmed the large size of the stolen information. According to a Yahoo! Finance article, "Roughly 47.8 million current and former or prospective customers have been affected by the cyberattack on its systems," T-Mobile confirmed on Wednesday. This is nearly half of what is being claimed to be available on the dark web by the data thieves who say they have 100 million customer records.
According to a statement released by T-Mobile today, it is saying the data stolen includes personal information including the first and last names, date of birth, SSN, and driver’s license/ID information for a "subset of customers." According to the Yahoo! Finance article, "So far, T-Mobile said it does not have any indication that the stolen files contain phone numbers, account numbers, passwords or financial information." This is contrary to what a dark web seller of the data is stating. This seller, who is asking for $270,000 worth of bitcoin for 30 million T-Mobile users' information, says the information he or she is selling does contain phone numbers as well as network identifier numbers for each user’s mobile phone number.
For the banking industry, this breach once again highlights the unreliability of Social Security and driver's license numbers and data points found on driver's licenses such as Dates Of Birth and home addresses, as factors for identifying a bank or credit card customer.
https://finance.yahoo.com/news/smartmetric-sa...00222.html
SmartMetric, Inc. (OTCQB: SMME), manufacturer of fingerprint biometric secured credit and debit cards, today commented on the T-Mobile data breach.
A dark web seller has offered for sale in exchange for bitcoin, 100 million personal records stolen from T-Mobile data systems. The most worrying part of this data theft is the breadth of the data stolen. It covers T-Mobile phone customers Social Security numbers, driver's license numbers, phone numbers, address details as well as the user's unique PIN used by T-Mobile to identify the phone service subscriber. As of August 18, 2021, T-Mobile is advising its pre-paid customers to change their PINs.
T-Mobile has confirmed the large size of the stolen information. According to a Yahoo! Finance article, "Roughly 47.8 million current and former or prospective customers have been affected by the cyberattack on its systems," T-Mobile confirmed on Wednesday. This is nearly half of what is being claimed to be available on the dark web by the data thieves who say they have 100 million customer records.
According to a statement released by T-Mobile today, it is saying the data stolen includes personal information including the first and last names, date of birth, SSN, and driver’s license/ID information for a "subset of customers." According to the Yahoo! Finance article, "So far, T-Mobile said it does not have any indication that the stolen files contain phone numbers, account numbers, passwords or financial information." This is contrary to what a dark web seller of the data is stating. This seller, who is asking for $270,000 worth of bitcoin for 30 million T-Mobile users' information, says the information he or she is selling does contain phone numbers as well as network identifier numbers for each user’s mobile phone number.
For the banking industry, this breach once again highlights the unreliability of Social Security and driver's license numbers and data points found on driver's licenses such as Dates Of Birth and home addresses, as factors for identifying a bank or credit card customer.
https://finance.yahoo.com/news/smartmetric-sa...00222.html
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