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Personal Information Of 533 Million Facebook Users Leaked Online

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personal information of 533 million facebook users leaked online

It seems that Facebook’s data privacy issues won’t ever end. Security researcher Alon Gal has recently revealed that the personal information belonging to around 533 million Facebook users has been leaked online.

The massive dataset is currently being shared on various underground hacking forums for free, and it affects users from 106 countries including every country in the MENA region. At 32 million records, US Facebook users represent the greatest chunk of the dataset, followed by 11 million users from the UK, and 6 million users from India.

Besides user’s full names, the leak includes their phone numbers, Facebook IDs, locations, birthdates, bios, and sometimes even email addresses.

“So what’s the impact? For a targeted attack where you know someone’s name and country, it’s great for mobile phone lookup,” explains Troy Hunt, the creator of the Have I Been Pwned database. “But for spam based on using phone number alone, it’s gold. Not just SMS, there are heaps of services that just require a phone number these days, and now there’s hundreds of millions of them conveniently categorized by country with nice mail merge fields like name and gender.”

facebook users leaked data sample

Twitter: @UnderTheBreach

The stolen information actually comes from 2019, and cybercriminals had access to it for quite some time now through a Telegram bot, which makes it possible to look up a phone number and receive the corresponding user’s Facebook ID, and the other way around — all for a small fee.

Also Read: Exploits In Microsoft Exchange Used To Breach Over 30,000 Organizations

“This is old data that was previously reported on in 2019. We found and fixed this issue in August 2019,” said Liz Bourgeois, Facebook’s director of strategic response communications, in a Saturday tweet.

Old or not, the fact that the personal information of half a billion Facebook users is circulating around on the internet for free is the least the social media giant and its users need right now considering the number of new cybersecurity threats created by the COVID-19 pandemic. Hopefully, Facebook will take the steps necessary to minimize the impact of the breach and protect its users.

To find out whether or not your Facebook account data was among the leak, go to HaveIBeenPwned.com and enter the email address you use to login to Facebook with. If your email address is detected within the millions of accounts, HaveIBeenPwned will let you know.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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