Following a data leak, certain personal information of more than 92,000 customers of the Transak cryptocurrency purchasing service was accessed by a hacker. What do we know?
Transak suffers a data leak
In a press release shared on Monday, the service provider for cryptocurrency purchases Transak informed that a security breach resulted in a data leak impacting 1.14% of its customersor exactly 92,554 users.
Indeed, the device of one of the company's employees was compromised following a phishing attack, which allowed the attacker to connect to the system of a Know Your verification provider Customer (KYC). From there, a number of customer data could be accessed, which includes:
- Names;
- Dates of birth;
- Identity documents;
- User selfies.
Although this is bad enough, however, the other data would not have been affected :
After thorough verifications, we can confidently confirm that no sensitive financial information, including email addresses, phone numbers, passwords, credit card information, social security numbers or any other financial data, has been compromised in any way.
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Following this event, Transak indicated that its teams were contacting those affected and that the competent authorities in several jurisdictions, including the United Kingdom and the European Union, had been informed. The breach was also contained and steps were taken to improve employee cybersecurity training.
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A call for caution
According to the company, “ there is no indication that the data was misused ” For now. However, users are requested to exercise vigilance and victims will be able to benefit from support:
We will contact affected users to provide them with advice and resources on how to protect themselves against possible misuse of information and offer them resources such as identity monitoring services.
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With information, hackers can, for example, develop personalized phishing campaignslikely to trap potential targets more easily. For example, an email address leaked during a breach at a crypto player will be likely to receive fraudulent emails calling for the restoration of any wallet, which would result in theft of funds.
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Since 2021, I have devoted my free time to seriously educating myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to conduct interviews with influential figures in the blockchain industry. I also conduct in-depth analyzes on Web3 themes to offer exclusive content to Cryptoast readers.
Vincent Maire
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