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Analyzing Data Breaches: Data Retention Policies


Published April 8, 2021, 2:29 PM
It has been more than a month ago when the alleged data breach at Cashalo, operated by Oriente Express Techsystem Corporation, surfaced online. It was Valentine’s Day this year when several posts were made in forum websites on the “dark web” selling the personal information of some 3.3 million Cashalo users. Personal information such as usernames, passwords, email addresses, phone numbers, and even device identifications are being sold online at a bargain price. The same data resurfaced in the “dark web” this week.
This was posted April 4, 2021. Karun Arya, vice president for Corporate Affairs of Oriente, parent firm of Cashalo, said that “As before, the database in question was taken offline in Feb itself. All Cashalo user accounts and passwords are secure and cannot be accessed by anyone other than the account holder. We also continue to work closely with NPC and global cybersecurity experts to review and strengthen our cybers ....

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Privacy Commission: 3.3M Cashalo users' personal data sold on dark web


By TED CORDERO, GMA News
Published February 23, 2021 10:33pm
The National Privacy Commission (NPC) on Tuesday alleged that the personal data of millions of online lending platform Cashalo’s customers was being sold on the “dark web.”
In a statement, the NPC said it did a preliminary probe on the data security issue after Cashalo notified it about the issue.
In a statement, Cashalo said its information technology (IT) security team found the potential data security incident involving a database archive on Thursday, February 18, when an individual claimed to have the database, which was taken from a non-production system used by the company.  ....

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