Alarming reports have surfaced indicating a potential data breach targeting two of South Africa’s leading consumer credit reporting agencies, TransUnion and Experian. The notorious Brazil-based hacking group, N4ughtySecTU, previously known for breaching TransUnion, appears to have once again infiltrated the agencies’ security measures, compromising sensitive financial and personal data of South African individuals. Despite the organizations’ stringent security protocols, the N4ughtySecTU group managed to breach firewalls and gain unauthorized access to confidential data.
In a chilling message directed to both TransUnion and Experian via TimesLIVE, the hackers cited journalist Sabelo Skiti’s personal information obtained through his WhatsApp account, issuing a ransom demand. The group threatened to expose all accessed data and system files within 24 hours unless their monetary demands were met, heightening concerns over potential data exposure and compromising the security of individuals’ private information.
Both TransUnion and Experian’s South African divisions have denied any recent or new data breaches. However, the severity of the situation remains a cause for concern, as the threat of data exposure looms large, signifying the urgent need for enhanced cybersecurity measures to protect sensitive consumer information from cyber threats of this nature. The incident underscores the escalating challenges faced by major corporations in safeguarding against sophisticated hacking attempts, necessitating robust defense mechanisms to mitigate the risks posed by such cyber intrusions.
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