Industry News: ESG5

The Target: Direct Trading Technologies (DTT) is an international fintech company offering trading platforms for stocks, forex, precious metals, energies, indices, Contracts for Difference (CFDs), and cryptocurrencies.

The Take: The leaked data included the trading activity of over 300,000 users spanning the past six years, along with names, email addresses, emails sent by the company, and IP addresses.

The Vector: In October 2023, a research team discovered a misconfigured web server with backups and development code references allegedly belonging to the fintech company Direct Trading Technologies. The discovered directory included multiple database backups, each holding a significant amount of sensitive information about the company’s users and partners.

With the fintech industry experiencing rapid growth, this leak stands as a clear reminder of the critical role of robust cybersecurity measures. Fintech companies manage and store exceptionally sensitive customer data. This breach is a stark reminder of how authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

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