Information of 261K users has been exposed
Atlas Quantum Sunday, a cryptocurrency investment platform announced that it has been the victim of a data breach that exposed the personal information of nearly 261K customers. According to cyber security organization experts, this platform allows users to purchase and sell Bitcoin on several other cryptocurrency trading platforms and provides them with the opportunity to profit from the fluctuations in Bitcoin prices and exchange rates.
Customer names, phone numbers, email addresses and account balances were compromised in the incident, according to the site Have I Been Pwned. The data of all the users of the platform may have been compromised, users concerned about the security of their data can verify on the mentioned site the status of their information.
In a Facebook post, Atlas Quantum executive director stated: “We would like to point out that this is not a Bitcoin robbery or a violation of our accounts in any cryptocurrency exchange. However, our customer base was exposed. At the time of the incident, we immediately took steps to protect the database and passwords; private keys remain encrypted.
The company disabled some of the functions of its platform while its cyber security organization team investigates the incident, and is monitoring the affected accounts to provide its users with additional protection measures against fraud.
However, cyber security organization specialists believe that hackers still have room to commit fraud with the leaked information; with the boom of the cryptocurrency markets has also grown the attack surface of cyberattack campaigns against financial institutions, which often lack the necessary security measures. Although no Atlas Quantum user lost assets as a result of this event, the alarm should be kept on, as this leak may be the first step in a wider cyberattack campaign.
On the other hand, cyber security organization experts from the International Institute of Cyber Security consider this to be a sample of how cryptocurrency exchange services have become one of the hackers’ favorite targets. Even those who do not actively use the platform to store or invest could find their data exposed online.
For companies such as Atlas Quantum, which store massive amounts of user data, the reputation and security of users’ data are closely linked. Quickly identifying the cause of this robbery and mitigating any other threat is a critical step to avoid further damage to the company.