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FTX Confirms Cybersecurity Breach on Claims Agent Impacting User Data

Published 25/08/2023, 09:11
FTX Confirms Cybersecurity Breach on Claims Agent Impacting User Data

  • Kroll breach reveals non-sensitive customer data in the FTX bankruptcy case.
  • FTX’s internal systems remain unaffected, ensuring user security.
  • FTX cautions users against potential fraud attempts in the wake of the incident.

The bankrupt FTX crypto exchange has warned its users of potential scam emails following a cybersecurity incident. In particular, Kroll, the claims agent overseeing the bankruptcy proceedings, experienced a cybersecurity incident.

FTX disclosed the development in a tweet early on Friday. It noted that the cybersecurity breach resulted in the exposure of non-sensitive customer data. The exposed data belong to specific claimants involved in the ongoing bankruptcy case.

According to the update, the breach transpired within Kroll’s systems. The incident prompted Kroll to inform the affected individuals about the breach and provide them with the necessary steps to safeguard their information. Also, FTX noted that Kroll contained the breach and assured FTX Debtors that it remediated the incidents without delay.

Meanwhile, FTX clarified that Kroll did not possess FTX account passwords, and FTX’s internal systems remained unaffected by this incident. Furthermore, the update mentioned that FTX debtors are maintaining vigilant oversight of the situation.

In light of these developments, FTX has advised heightened awareness among its users against potential fraudulent and scam emails that may attempt to impersonate various parties involved in the bankruptcy proceedings.

The statement read in part:

The FTX Debtors are closely monitoring the situation. Please remain on high alert for attempted fraud and scam emails impersonating parties in the bankruptcy.

In related news, FTX is considering resurrecting its global platform, FTX.com, following its dramatic collapse last year. In a recent report, FTX CEO John J. Ray III highlighted that FTX has embarked on a mission to garner support from potential stakeholders.

The post FTX Confirms Cybersecurity Breach on Claims Agent Impacting User Data appeared first on Coin Edition.

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