Open Exchange Rates discovers a hacker accessing their database undetected for nearly a month

Open Exchange Rates discovers a hacker accessing their database undetected for nearly a month

https://www.bleepingcomputer.com/news/security/open-exchange-rates-data-breach-affects-users-of-well-known-orgs/

Exploit: Unauthorized database access
Open Exchange Rates:  Currency data provider

high-risk-meter-ni

Risk to Small Business: 1.777 = Severe: While investigating a network misconfiguration, Open Exchange Rates discovered that an unauthorized user was accessing their network. Ultimately, it was determined that the hacker had been accessing their database for nearly a month, beginning on February 9, 2020, and ending on March 2, 2020. The company believes that hackers extracted sensitive user information. In response, Open Exchange Rates has disabled the passwords for all accounts created before March 2, 2020.

high-risk-meter-ni

Individual Risk: 2.285 = Severe: A copious amount of personal data was compromised in the attack, including user names, addresses, encrypted and hashed passwords, IP addresses, country of residence details, and website addresses. In addition to resetting their account passwords and updating their credentials on any other website using the same information, Open Exchange Rates is warning customers that this information can be used to execute targeted spear phishing attacks. Therefore, those impacted by the breach should carefully monitor their online accounts for suspicious activity.

Customers Impacted: Unknown
How it Could Affect Your Customers’ Business: Although it’s a relatively small operation, Open Exchange Rates provides an API that is used by several prominent financial service providers. As a result, the costs of repairing this breach will be compounded by reputational damage that could impact its relationship with these critical partners.

Risk Levels:
1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk

*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.


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