14 DAY TRIAL // A flaw in the iOS and Android applications of Brazil’s largest bank, Banco do Brasil, has exposed balances, bank statements and other customer information. The app was pulled offline around one hour after users started noticing the problem.
According to ZDNet, those who used the apps were presented with the details of random customers. Fortunately, it wasn’t possible to make transfers or payments because such operations are password-protected.
One day after the service was taken offline, Banco do Brasil representatives announced that the issue was addressed. They’ve clarified that the problem appeared during the applications’ updating process.
Brazilian publication Exame reports that the financial institution might be fined with as much as $7 million (€5.1 million) for the data breach.
It’s uncertain how many people have been impacted, but the Android application, for instance, has been downloaded between 1 and 5 million times.