DMM FX confirms leak of traders’ data

Maria Nikolova

Certain data about participants in three trading campaigns was available for viewing on the Internet although it should not have been.

Japanese brokerage DMM FX today confirmed a data leak that has affected certain of its customers.

The company says that, on August 14, 2020, it became aware of data leak concerning the participants in three of its virtual (demo) Forex trading campaigns. In particular, details about the traders, including their email addresses and IP addresses at registration could be viewed on the Internet although these data should not have been accessible. The broker stresses that client information such as name, address, bank account data and personal information used for the prizes of the demo trading campaign remained protected.

Immediately after discovering the problem, DMM FX started an investigation into the issue and deleted the sensitive information that was available for viewing.

Those affected by the leak include traders participating in the demo trading campaigns conducted:

  • From January 14, 2019 to February 16, 2019
  • From November 11, 2019 to December 11, 2019
  • From February 10, 2020 to March 10, 2020

A total of 73,449 units of information were leaked. Customers participating in the demo trading campaign currently being held (August 10, 2020 to September 8, 2020) were not affected by this issue.

The company apologizes for the inconvenience caused to its customers. As an apology, eligible customers will be sent an Amazon gift certificate. DMM FX says it takes this situation seriously, and will review the management system and employee education related to the business dealing with customer information and information security to prevent any recurrence.

Read this next

Digital Assets

Binance executives sue Nigerian authorities over rights violation

Two senior executives from Binance have filed a lawsuit against against Nigeria’s national security adviser’s office and its anti-corruption agency, alleging violations of their fundamental rights.

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

<