Data leak at fintech giant reveals staff calling clients ‘idiots’

Direct Trading Technologies, an international fintech company, jeopardized over 300K traders by leaking their sensitive data and trading activity, thereby putting them at risk of an account takeover.

On October 27th, the Cybernews research team discovered a misconfigured web server with backups and development code references allegedly belonging to the fintech company Direct Trading Technologies.

Direct Trading Technologies (DTT) is an international fintech company offering trading platforms for stocks, forex, precious metals, energies, indices, Contracts for Difference (CFDs), and cryptocurrencies. Also, DTT offers white-label services for fintech solutions.

While the main clientele is based in Saudi Arabia, the company has offices in the UK, Lithuania, UAE, Kuwait, Colombia, Turkey, Bahrain, Lebanon, and the Republic of Vanuatu.

The discovered directory included multiple database backups, each holding a significant amount of sensitive information about the company’s users and partners. The leak poses a variety of risks, expanding from identity theft to takeover and cashing-out accounts of traders.

Cybernews contacted the company with our findings. While the problem was fixed, an official response from the company is still yet to be received.