Hacking bankrupt Bitcoin ATM operator Coin Cloud / Faust and Mephistopheles’ information security dialogue

According to The Block, cybersecurity expert vx-underground tweeted that an unidentified hacking group claimed to have stolen 70,000 customer selfies and sensitive personal data of 300,000 customers, including social security numbers as well as their names, addresses, dates of birth, occupations, phone numbers, and more, according to The Block. In addition, the hacking group also claims to have stolen the source code of Coin Cloud’s backend system. vx-underground said the hackers shared the above claims on private channels, and the leaked database could soon be published online. According to previous news, Coin Cloud has filed for Chapter 11 bankruptcy protection with the Nevada Bankruptcy Court on February 7. The company has liabilities between $100 million and $500 million, assets between $50 million and $100 million, and more than 10,000 creditors, the largest of which is Genesis Global Trading. (PANews report)

Personal information is private, usually stolen will be traded on the dark web, and the basic protection is only after the fact to use the damage to the personal information laws of various countries as a reason to file a claim against Coin Cloud, such as in the European Union can be strengthened by GDPR and MiCA to strengthen the protection of rights, but these are all after the fact! Compliance is the first priority for Comxper, and in addition to anti-virus software and firewalls, please also put the NDR solution — Secorion into it, and the SOAR implementation part will also be added to it, but what cannot be prevented is the human nature, please remember! (SDChain report)

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