We use cookies on this website to provide a user experience that’s more tailored to you. By continuing to use the website, you are giving your consent to receive cookies on this site. Read more about our Cookie Policy and Privacy Policy.

 I accept

Blog

2019-07-22

Hackers stole millions of Bulgarians' financial data by exploiting vulnerability

Hackers stole millions of Bulgarians' financial data by exploiting vulnerability

The system of Bulgaria’s National Revenue Agency (NRA) was hacked in this June. The financial data of almost all taxpayers in the country was found to be stolen by hackers. The incident becomes the country's largest ever data breach. According to reports, the attack was happened through the vulnerability in the VAT refund system and affected about 3% of the agency’s database, involving records of more than 5 million Bulgarians. Compromised data includes names, national IDs, addresses, personal income, tax records, and even medical records. The incident was not revealed until 15th July when the local media received the email from hackers.

It was not the first time the Bulgarian government was targeted. The country's Commercial Registry system was attacked by hackers one year ago. The incident revealed the government lacks of cybersecurity awareness and did not strengthen their information security measures, resulting the large scale of data breach within one year of last cyberattack.

The cyberattack is extraordinary, but it is not unique. It will happen in any organization. As long as the data is stored in a system which connects to the network, there may be potential of cyberattack risk and infringement of personal data privacy issues.

To ensure information security, enterprises must first navigate the laws and regulations established by local governments for data privacy. For commercial activities in EU and China, businesses must comply with the EU General Data Protection Regulation (GDPR) and China’s Cybersecurity Law respectively. Moreover, appropriate data processing and storage procedures should be established to ensure compliance. To mitigate cyber threats, enterprises should also assess security vulnerabilities and potential risks at their systems from time to time with effective security measures.

CITIC Telecom CPC provides one-stop shop information security managed services to protect enterprises from cyber threats. Contact our security consultants now for a free consultation today!

Hot Articles

Hackers stole millions of Bulgarians' financial data by exploiting vulnerability

CITIC Telecom CPC Facilitates Enterprises' Digital Globalization with its "Global Local" Expertise

Big Data Era

Innovation Never Stops

[Enterprise InfoSec Series] 60% of Cyberattacks Originated from Insider Threats?!

Share this post
Select Tags

ALL AI BIG DATA CLOUD CONNECTIVITY DATA CENTERS DATA PRIVACY EDTECH GREATER BAY AREA INFOSECURITY INNOVATION OBOR SD-WAN TRANSFORMATION

Related Products

If you would like to learn more about the topic, please leave us your information and we will contact you shortly.

Contact Us

Welcome to CITIC Telecom CPC

You are about to visit our website.

Preferred location:

S. Africa

S. America

US & Canada

China Entercom

APAC
Europe & CIS
S. Africa
S. America
US & Canada
Products & Services

Back

Products & Services

Private Network Information Security Cloud Solutions Cloud Data Center Internet Services Managed Portal Europe & CIS Solutions
Solutions

Back

Solutions

Architecture, Engineering & Construction Automobile Banking & Finance e-Commerce Logistics and Transportation Manufacturing Professional Services Retail Trading Others
Customer Service

Back

Customer Service

Customer Login Services Hotline Service Center Customer Charter
About Us

Back

About Us

Our Company Our Partners News Center Accreditation & Awards Success Stories Videos Contact Us Careers Blog
Resources Center

Back

Resources Center

Product Leaflets New Offering Videos White Paper Success Stories
Hong Kong

Back

APAC

Japan (日本) : English
Malaysia : English /中文(简)
Singapore : English /中文(简)
Taiwan (台灣) : English /中文(繁)

Europe & CIS

The Netherlands : English (Netherlands)
Estonia (Eesti) : Eesti /English (Estonia)
Russia (Россия) : Русский /English (Russia)

Mainland China

Mainland China: English/ 中文(简)