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Venmo Data Breach: What & How It Happened?

Venmo Data Breach: What & How It Happened?

Twingate Team

Jun 14, 2024

In June 28, 2018, an incident involving Venmo, millions of payments were accessed publicly, raising concerns about potential privacy risks associated with the payment app. The issue highlighted the importance of using unique and strong passwords to protect against unauthorized access and the need for users to review their app settings to ensure their personal details are not shared unnecessarily. While the exact date of this occurrence is not specified, it serves as a reminder for users to be cautious about sharing personal information online.

How many accounts were compromised?

The breach impacted data related to 200 million Venmo payment transactions, although the exact number of compromised accounts or users is not specified.

What data was leaked?

The data exposed in the breach included usernames, IP addresses, and transaction details of Venmo payments.

How was Venmo hacked?

The breach occurred due to Venmo's default setting, which made payments public, allowing anyone to access and view transaction details. A researcher scraped this publicly available data, raising concerns about potential phishing attacks using the exposed information. The exact methods used by hackers to exploit this vulnerability remain unclear.

Venmo's solution

In response to the hack, Venmo took steps to enhance its security measures and prevent future incidents. While specific actions taken by the company remain unclear, the importance of password strength and setting up additional security measures like PIN numbers were emphasized. Users were advised to review their Venmo app settings and be cautious about sharing personal details online or on social media to protect against unauthorized access and potential phishing attacks.

How do I know if I was affected?

It is not clear whether Venmo reached out to affected users following the breach. If you are a Venmo user and are concerned about your account's security, you can visit HaveIBeenPwned to check if your credentials have been compromised.

What should affected users do?

In general, affected users should:

  • Change Your Password: Immediately update your password for the breached account. Make sure the new password is strong and unique, not previously used on any other platform.

  • Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.

  • Enable Two-Factor Authentication (2FA): Activate 2FA on the breached account and consider enabling this additional security feature on all other important online accounts to significantly reduce the risk of unauthorized access.

  • Monitor Your Account Activity: Keep an eye on your account activity for any suspicious or unauthorized transactions, and report them immediately to the respective platform.

For more specific help and instructions related to Venmo's data breach, please contact Venmo support directly.

Where can I go to learn more?

If you want to find more information on the Venmo data breach, check out the following news articles:

Rapidly implement a modern Zero Trust network that is more secure and maintainable than VPNs.

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Venmo Data Breach: What & How It Happened?

Venmo Data Breach: What & How It Happened?

Twingate Team

Jun 14, 2024

In June 28, 2018, an incident involving Venmo, millions of payments were accessed publicly, raising concerns about potential privacy risks associated with the payment app. The issue highlighted the importance of using unique and strong passwords to protect against unauthorized access and the need for users to review their app settings to ensure their personal details are not shared unnecessarily. While the exact date of this occurrence is not specified, it serves as a reminder for users to be cautious about sharing personal information online.

How many accounts were compromised?

The breach impacted data related to 200 million Venmo payment transactions, although the exact number of compromised accounts or users is not specified.

What data was leaked?

The data exposed in the breach included usernames, IP addresses, and transaction details of Venmo payments.

How was Venmo hacked?

The breach occurred due to Venmo's default setting, which made payments public, allowing anyone to access and view transaction details. A researcher scraped this publicly available data, raising concerns about potential phishing attacks using the exposed information. The exact methods used by hackers to exploit this vulnerability remain unclear.

Venmo's solution

In response to the hack, Venmo took steps to enhance its security measures and prevent future incidents. While specific actions taken by the company remain unclear, the importance of password strength and setting up additional security measures like PIN numbers were emphasized. Users were advised to review their Venmo app settings and be cautious about sharing personal details online or on social media to protect against unauthorized access and potential phishing attacks.

How do I know if I was affected?

It is not clear whether Venmo reached out to affected users following the breach. If you are a Venmo user and are concerned about your account's security, you can visit HaveIBeenPwned to check if your credentials have been compromised.

What should affected users do?

In general, affected users should:

  • Change Your Password: Immediately update your password for the breached account. Make sure the new password is strong and unique, not previously used on any other platform.

  • Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.

  • Enable Two-Factor Authentication (2FA): Activate 2FA on the breached account and consider enabling this additional security feature on all other important online accounts to significantly reduce the risk of unauthorized access.

  • Monitor Your Account Activity: Keep an eye on your account activity for any suspicious or unauthorized transactions, and report them immediately to the respective platform.

For more specific help and instructions related to Venmo's data breach, please contact Venmo support directly.

Where can I go to learn more?

If you want to find more information on the Venmo data breach, check out the following news articles:

Rapidly implement a modern Zero Trust network that is more secure and maintainable than VPNs.

Venmo Data Breach: What & How It Happened?

Twingate Team

Jun 14, 2024

In June 28, 2018, an incident involving Venmo, millions of payments were accessed publicly, raising concerns about potential privacy risks associated with the payment app. The issue highlighted the importance of using unique and strong passwords to protect against unauthorized access and the need for users to review their app settings to ensure their personal details are not shared unnecessarily. While the exact date of this occurrence is not specified, it serves as a reminder for users to be cautious about sharing personal information online.

How many accounts were compromised?

The breach impacted data related to 200 million Venmo payment transactions, although the exact number of compromised accounts or users is not specified.

What data was leaked?

The data exposed in the breach included usernames, IP addresses, and transaction details of Venmo payments.

How was Venmo hacked?

The breach occurred due to Venmo's default setting, which made payments public, allowing anyone to access and view transaction details. A researcher scraped this publicly available data, raising concerns about potential phishing attacks using the exposed information. The exact methods used by hackers to exploit this vulnerability remain unclear.

Venmo's solution

In response to the hack, Venmo took steps to enhance its security measures and prevent future incidents. While specific actions taken by the company remain unclear, the importance of password strength and setting up additional security measures like PIN numbers were emphasized. Users were advised to review their Venmo app settings and be cautious about sharing personal details online or on social media to protect against unauthorized access and potential phishing attacks.

How do I know if I was affected?

It is not clear whether Venmo reached out to affected users following the breach. If you are a Venmo user and are concerned about your account's security, you can visit HaveIBeenPwned to check if your credentials have been compromised.

What should affected users do?

In general, affected users should:

  • Change Your Password: Immediately update your password for the breached account. Make sure the new password is strong and unique, not previously used on any other platform.

  • Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.

  • Enable Two-Factor Authentication (2FA): Activate 2FA on the breached account and consider enabling this additional security feature on all other important online accounts to significantly reduce the risk of unauthorized access.

  • Monitor Your Account Activity: Keep an eye on your account activity for any suspicious or unauthorized transactions, and report them immediately to the respective platform.

For more specific help and instructions related to Venmo's data breach, please contact Venmo support directly.

Where can I go to learn more?

If you want to find more information on the Venmo data breach, check out the following news articles: