- Both FTX and BlockFi assured users that their internal systems and client funds remained unaffected.
- It was clarified that Kroll didn’t manage account passwords and other data.
Cryptocurrency exchange FTX and crypto firm BlockFi have fallen victim to a “cybersecurity incident” involving compromised user data. Kroll, the bankruptcy claims agent for FTX, experienced the breach, leading FTX to warn affected individuals about potential scam emails.
BlockFi, facing a similar situation, confirmed that unauthorized access to certain client data on Kroll’s platform had occurred.
All about the FTX – BlockFi breach
FTX took to Twitter to share that Kroll, its bankruptcy claim agent, had suffered a “cybersecurity incident” compromising specific non-sensitive user data. FTX clarified that Kroll didn’t manage FTX account passwords and that its own systems remained unaffected.
However, it urged claimants to be cautious of fraudulent and scam emails related to the incident. BlockFi, another crypto entity undergoing bankruptcy, echoed similar sentiments.
The company revealed that it learned of the incident recently and confirmed that unauthorized access to certain client data on Kroll’s platform had occurred. Notably, BlockFi’s internal systems and client funds remained unharmed.
(1/3) FTX learned that Kroll, the claims agent in the bankruptcy, experienced a cybersecurity incident that compromised non-sensitive customer data of certain claimants in the pending bankruptcy case.
— FTX (@FTX_Official) August 25, 2023
Compromised user data prompts vigilance and swift action
Kroll indicated that an unauthorized third party had gained control of a mobile phone number linked to an employee. That number was used to access files in the company’s cloud-based systems.
These files contained personal data of some claimants, including names, addresses, email addresses, and FTX account balances.
Kroll initiated a swift response to secure the affected account and launched an investigation upon learning of the incident. Claimants received advice to exercise vigilance against potential phishing attempts, as attackers could exploit the compromised information for sending scam emails.
FTX’s current focus includes enlisting the assistance of Mike Novogratz’s Galaxy Digital to manage its cryptocurrency holdings. It is worth noting that FTX had earlier announced the recovery of more than $7.3 billion in cash and liquid crypto assets.
