Major Cryptocurrency Exchange Hacked – Customer’s Accounts Plundered

Bithumb Hack Exposes User Information

Bithumb, one of the world’s largest cryptocurrency exchanges, recently suffered a security breach. Criminals managed to steal approximately 32,000 customers’ user account information. Thankfully, they did not obtain any passwords.

A Unique Attack Method

This hack stood out because the hackers did not target Bithumb’s internal network. Instead, they broke into the personal computer of a Bithumb employee. This raises significant concerns about why an employee was permitted to store sensitive information on a home PC. Once the hackers acquired this information, they escalated their attack by contacting victims directly.

Scammers Pose as Bithumb Employees

Armed with the stolen data, scammers phoned some victims while pretending to be Bithumb employees. Their goal was to gain access to user accounts. Unfortunately, one victim lost about $8,700 due to this scam.

Tips to Protect Yourself From Phone Scams

If someone calls claiming to represent a company and you suspect it might be a scam, inform them that you will call back to verify their identity. Use the customer service number listed on the company’s official website rather than any number provided by the caller. This simple step can help protect you from falling victim to phone scams.

Lessons for Businesses

This incident highlights the importance of proper employee training and secure data management practices. Companies must ensure that employees do not store sensitive information on personal devices unless those devices are equipped with robust security measures.

Are Your Employees Using Secure Devices?

Do your employees access company data on their personal devices? If so, how confident are you in the security measures protecting these devices? Ensuring the safety of company data requires regular assessments and comprehensive employee training.

Optfinity’s Security Solutions

Optfinity offers no-cost, no-obligation assessments to evaluate the security of your employees, devices, and company data. In addition to identifying vulnerabilities, we provide expert training to help your employees contribute to keeping your business safe from hackers. Contact us today to learn how we can help safeguard your organization.