May 22, 2024
Latest Cryptocurrency News

FTX Discloses Cybersecurity Breach Involving Claims Agent Kroll, Ensures Data Security

FTX, the now-defunct cryptocurrency exchange, has disclosed a cybersecurity incident involving its claims agent, Kroll, associated with its ongoing bankruptcy case. Specific claimants’ limited, non-sensitive customer data was exposed. FTX emphasized that this breach has no impact on account passwords, systems, or funds, assuring their security.

Using the X platform on August 25th, the struggling crypto exchange informed its customers, creditors, and the public about this breach concerning its claims agent, Kroll. The breach exposed non-sensitive customer data linked to specific claimants within the ongoing bankruptcy proceedings.

FTX has confirmed that Kroll is actively notifying affected individuals about protective measures they can take in response to this cybersecurity event. The exchange clarified that Kroll did not manage FTX account passwords, and FTX’s own systems remained unaffected.

FTX’s statement reads: “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 systems were not affected.”

Additionally, the FTX Debtors are closely monitoring the situation and maintaining communication with Kroll. Kroll has assured them that they promptly addressed the incident. Customers are urged to be vigilant against potential fraudulent emails and scams impersonating entities involved in bankruptcy proceedings.

Blockchain investigator ZachXBT has reported that FTX clients have already received fraudulent emails, and customer personal information may have been compromised.

Image by rawpixel.com on Freepik

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