FTX Claimants Data Compromised In Kroll’s Cybersecurity Breach

FTX Claimants Data Compromised In Kroll’s Cybersecurity Breach

Bankrupt crypto exchange FTX on Friday revealed that its claims agent in the bankruptcy case Kroll suffered a cybersecurity breach. Non-sensitive customer data of certain claimants is compromised. FTX is closely monitoring the situation and its account passwords, systems, and funds are not affected by the incident.

FTX Claimants Data Compromised in Kroll’s Security Incident

Beleaguered crypto exchange FTX took to X on August 25 to inform its customers, creditors, and the community that its claims agent Kroll has suffered a cybersecurity breach. The incident has compromised non-sensitive customer data of certain claimants in the pending bankruptcy case.

FTX said Kroll currently notifying individuals affected by the cybersecurity incident measures they can take to protect themselves. The bankrupt crypto exchange cleared that its account passwords and systems are safe.

“The incident occurred at Kroll, and Kroll is notifying affected individuals directly with measures that customers can take to protect themselves. FTX account passwords were not maintained by Kroll, and FTX’s own systems were not affected.”

Moreover, FTX Debtors have reached out to Kroll and closely monitoring the situation. Kroll disclosed to debtors that they have promptly contained and remediated the incident. Customers are requested to be alert regarding attempted fraud and scam emails impersonating parties in the bankruptcy.

Bankrupt crypto lender Celsius Network also suffered a data breach that led to their emails being leaked. The leak has caused a significant impact on the bankruptcy reorganization.

Meanwhile, blockchain sleuth ZachXBT posted that FTX customers are already receiving phishing emails and the personal data of customers are compromised.

Meanwhile, FTX has hired Mike Novogratz’s Galaxy Digital to help it with its selling, staking, and hedging activities. It intends to support FTX’s initiatives to reduce market volatility-related risks while maximizing returns on its Bitcoin holdings.

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.


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