The Israel-based crypto brokerage Coinmama which is very popular in the country is in the latest cryptocurrency news for suffering an apparent data breach that affected the data of 450,000 of its users.
The brokerage, which allows users to purchase Bitcoin (BTC) and Ethereum (ETH) using a credit card, suffered the breach as part of a mammoth, multi-platform hack that affected 24 companies and a total of 747 million records which included gaming, travel booking and streaming sites.
According to the brokerage, around 450,000 email addresses and hashed passwords have been posted on a dark web registry. As an excerpt from their statement reads:
“As of February 15, 2019, there has been no evidence of this data being used by perpetrators. Given the dated nature of the published data, we have no reason to suspect that any other Coinmama systems are compromised. Coinmama does not store credit card information.
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Aside from notifying users immediately, Coinmama says that its response team is requiring all of the affected users to reset their passwords upon login and monitor any suspicious activity or unauthorized access. The platform says that it is currently working hard to enhance its safeguards and track any external signals.
Even though the data breach impacted not only Coinmama big many other companies outside the crypto sector – it still represents the second high-profile system compromise in 2019.
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