MyRepublic: Mobile Carrier
Risk to Business: 1.802 = Severe
Mobile Carrier MyRepublic has announced that 80,000 of its mobile subscribers in Singapore have had their personal data compromised, following a security breach on a third-party data storage platform. The company disclosed that the incident was uncovered on August 29 and the relevant authorities had been informed of the breach, including industry regulator Infocomm Media Development Authority (IMDA) and the country’s Personal Data Protection Commission, which oversees Singapore’s Personal Data Protection Act (PDPA).
Individual Risk: 1.802 = Severe
Cybercriminals were able to access customer records containing PII like the identity verification documents that customers had provided for mobile services registration, including scanned copies of national identity cards and residential addresses of foreign residents.
Customers Impacted: 80,000 mobile subscribers
How it Could Affect Your Customers’ Business: Third party risk is escalating as business operations become less centralized and more businesses rely on specialty services providers for day-to-day chores.