this post was submitted on 11 Oct 2024
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Monero

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Fidelity hacked ($5.4 trillion asset manager)

Confirmed hacked: 77000+ customer records including license, social security numbers and personal information.

We should celebrate that this has nothing to do with Monero. BTCETF investors had better put a few XMR's in their wallets.

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[–] xmr_unlimited@monero.town 7 points 3 weeks ago (2 children)

There should be a standard for storing personal information. The standard should be not to store personal information.

[–] shortwavesurfer@lemmy.zip 2 points 3 weeks ago

Exactly. This makes no sense to me. And this is exactly why I use prepaid cell phone service and use gift cards to buy most items I require with Monero. They don't have any personal information at all. And that's the way it should be.

[–] 0x0@programming.dev 1 points 3 weeks ago

KYC laws demand it?

[–] DogPeePoo@lemm.ee 5 points 3 weeks ago

”As the custodian of your sensitive information, we take that responsibility moderately serious — within reason… Like a medium amount of security”

@Wave afaict, they don't have any more information than was already available in the NPD breach.

At this point if you are an adult and have an above-board job, you either have already frozen your credit reports, or you're in the process of being a victim of credit fraud.

[–] DogPeePoo@lemm.ee 2 points 3 weeks ago
[–] jay_edwards@monero.town 1 points 3 weeks ago

I am really happy, that Monero stays with its status, and never been hacked