Recently Atlas Quantum, a cryptocurrency investment platform, announced a data breach that exposed the personal details of about 261,000 users. The compromised information includes names, phone numbers, email addresses and account balances of Atlas Quantum users.
Anurag Kahol, CTO at Bitglass:
“The Atlas Quantum data breach suggests that crypto services remain a high-profile target for hackers. Even those who do not actively use the platform to store or invest in crypto may have had their personal data exposed.
For companies like Atlas, that store mass amounts of user data, reputation and user data security are closely tied. Quickly identifying the cause of this breach and mitigating the threat of further data loss is a critical next step for Atlas and prevention should be top of mind for all companies that store high-value data.”
Jonathan Bensen, Director of Product Management/ Acting CISO at Balbix:
“Hackers will attempt to steal information through many different vectors and, even more commonly, avenues that pay out like cryptocurrency platforms. It is important that organizations have the right tools in place to know where vulnerabilities exist and what they can do to prevent their customers’ data from being compromised. Cryptocurrency platforms need to be taking precautions, as the number of incidents like this seems to be increasing.”