• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Saturday, January 28, 2023
Wisconsin Digital News
  • Home
  • US
  • Business
  • Covid 19
  • Milwaukee
  • Madison
  • Green Bay
  • Kenosha
  • Racine
  • Appleton
  • Press Releases
  • Videos
No Result
View All Result
  • Home
  • US
  • Business
  • Covid 19
  • Milwaukee
  • Madison
  • Green Bay
  • Kenosha
  • Racine
  • Appleton
  • Press Releases
  • Videos
No Result
View All Result
No Result
View All Result
Home Business

BlockFi Confirms Security Breach, Provides Tips To Protect Online Presence From Malicious Actors

by NewsReporter
March 21, 2022
in Business
Reading Time: 3 mins read
blockfi-confirms-security-breach,-provides-tips-to-protect-online-presence-from-malicious-actors
Share on FacebookShare on Twitter

KEY POINTS

  • BlockFi said the breach occured through Hubspot, a third-party vendor
  • Swan Bitcoin and Pantera Capital also impacted by breach
  • Hackers accessed personal information like names, phone numbers and emails of customers
  • BlockFi is currently investigating the breach

BlockFi, a New Jersey-based cryptocurrency lending platform, confirmed over the weekend the leak of user data at one of its third-party vendors, Hubspot. The breach also affected Swan Bitcoin and Pantera Capital.

The rapidly growing cryptocurrency industry has attracted the attention of malicious actors, and reports on a crypto platform getting breached or hacked surface online are increasing in frequency.

The latest victim of these malicious actors is the Customer Relationship Management (CRM) system Hubspot. Based on BlockFi’s announcement, hackers gained illegal access to the lending platform’s data, which includes personal information like names, phone numbers and emails of the company’s customers. Swan Bitcoin and Pantera Capital also issued messages also warned their clients that their information may have been accessed.

blockfi BlockFi also offers crypto credit cards. Photo: BlockFi

It is worth noting that not all the data of BlockFi’s clients were stolen, but the majority of them could have been accessed by the recent breach. According to the cryptocurrency lending platform, the breach occurred Friday.

The platform also clarified through a series of tweets that none of the clients’ funds and internal systems were affected. BlockFi also acknowledged that time is of the essence and assured its customers that it is conducting an ongoing investigation to get the full scope of the breach’s impact.  

It assured its customers that although the specifics of the incident are not yet clear, extremely sensitive data like government-issued IDs, passwords and social security numbers “were never stored on Hubspot.”

The platform clarified that it wanted to be transparent with its clients by announcing the breach. It also warned customers that data accessed by the hackers could be used against them.

BlockFi also recommended several tips to help users protect their online presence, particularly from bad actors. These include creating strong passwords, allowing only trusted applications, observing vigilance against scammers and using two-factor authentication (2FA).

The platform said, “additional information will be emailed to all impacted clients in the coming days.”

Hubspot said in a statement:  “On March 18, a bad actor compromised a HubSpot employee account. While our investigation is still underway and we continue to learn additional details, our initial assessment suggests that data was exported from fewer than 30 HubSpot portals, all of whom have been notified. At this time, we believe this to be a targeted incident focused on customers in the cryptocurrency industry. We have terminated access for the compromised HubSpot employee account and removed the ability for other employees to take certain actions in customer accounts. “

A similar incident happened to Crypto.com, one of the largest cryptocurrency exchanges, in January. According to the platform, the breach affected 400 accounts. Fortunately, it was able to immediately stop unauthorized withdrawals and lifted those restrictions within four hours.

© Copyright IBTimes 2022. All rights reserved.

Read More Here

Related Posts

report:-rental-affordability-declines-nationwide

Report: Rental Affordability Declines Nationwide

by NewsReporter
April 14, 2022
0

Placeholder while article actions loadMuch attention has been focused on double-digit home price increases, rising mortgage rates and higher gas and food prices. But tenants are getting slammed with rent increases, too.Nationally, in the 12-month period that ended in February, rents increased by 17.1 percent to a new average high...

the-labor-department-said-a-transport-company-must-pay-$145,000-in-damages-and-back-pay-after-it-disciplined-workers-who-said-they-were-too-sick-or-tired-to-drive

The Labor Department Said A Transport Company Must Pay $145,000 In Damages And Back Pay After It Disciplined Workers Who Said They Were Too Sick Or Tired To Drive

by NewsReporter
April 13, 2022
0

A transport company disciplined two workers who said they were too sick or tired to drive, the DOL said. The company gave the employees disciplinary points, leading to one being terminated, per the DOL. The DOL ordered the firm to reinstate the fired employee and pay the pair $145,000 in...

uk-jobless-rate-drops-as-more-people-leave-labour-market;-real-public-sector-pay-shrinks-–-business-live

UK Jobless Rate Drops As More People Leave Labour Market; Real Public Sector Pay Shrinks – Business Live

by NewsReporter
April 12, 2022
0

11m ago04:35Here’s a handy thread from the Resolution Foundation on today’s UK jobs report:Vacancies remained high (the ONS 3-month vacancy series is at a record level, while online vacancies are above 2019 levels but below peak). Overall, conditions in the labour market are ‘tight’. pic.twitter.com/QSIFErend5— Resolution Foundation (@resfoundation) April 12,...

what-jobs-crisis?-top-chinese-regulator-says-tech-is-booming

What Jobs Crisis? Top Chinese Regulator Says Tech Is Booming

by NewsReporter
April 11, 2022
0

Hong Kong (CNN Business)One of the regulators behind China's dramatic crackdown on private enterprise has tried to quell growing concerns about the impact on employment, saying the country's biggest tech companies have added nearly 80,000 jobs since July and are "full of confidence."In a rare, direct response by a top...

Wisconsin Digital News

© 2021 Wisconsin Digital News

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Wisconsin Digital News

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT