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BlockFi’s Data Breach May Result in Clients’ Suffer from Extortion and Theft
Summary: Cryptoasset lending company BlockFi reported on Tuesday that the platform suffered a data breach on May 14 when some client data was exposed, per Cointelegraph.
Cryptoasset lending company BlockFi reported on Tuesday that the platform suffered a data breach on May 14 when some client data was exposed, per Cointelegraph.
From 07:17 UTC to 08:43 UTC on May 14, an unauthorized third party committed a SIM swap attack by hacking part of BlockFi’s encrypted back office system from an employee’s phone and tried to withdraw client funds but failed. However, the perpetrator obtained some clients’ info, including names on the account, email addresses, birth dates, physical addresses, and activity history.
Cointelegraph addressed that the leaked information may throw BlockFi clients into the danger of extortion and physical theft.
By Yiran Dai
Tags: BlockFi,Sim Swap
Link: BlockFi’s Data Breach May Result in Clients’ Suffer from Extortion and Theft [Copy]
