Socio-financial impact of data breach
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Shwapno, a supermarket chain in Bangladesh, has reported a data breach where cybercriminals demanded $1.5 million after accessing customer information. The leaked data, including names, phone numbers, and purchase history, can be used to create detailed profiles of customers, making them vulnerable to scams, emotional manipulation, and physical safety risks.
A data breach occurred at Shwapno, a supermarket chain in Bangladesh, where customer information was accessed by cybercriminals. The breach happened in late March, and the criminals demanded $1.5 million. Customer details, including names, phone numbers, and purchase history, were leaked on social media. The company worked with experts to secure its system. The leaked data can be used to create detailed profiles of customers, making them vulnerable to scams and emotional manipulation. This information can also be used to infer dietary habits, interests, and health choices, making customers susceptible to loan scams and targeted advertisements.
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