Coin Cloud Customers' Data Reported Stolen in Data Breach
This latest data breach serves as a stark reminder of the ever-evolving cybersecurity threats that businesses and individuals face.
An unknown threat actor has claimed to have compromised Coin Cloud, a bankrupt Bitcoin ATM operator, and exfiltrated sensitive customer data. The breach reportedly affected 300,000 customers, including 70,000 who had their selfies taken via ATM cameras. The stolen data includes Social Security numbers, dates of birth, full names, email addresses, phone numbers, current occupations, physical addresses, and more. The threat actor also claims to have stolen the source code for Coin Cloud's entire backend system.
An unknown Threat Actor(s) claim to have compromised Coin Cloud.
— vx-underground (@vxunderground) November 12, 2023
They allege to have exfiltrated 70,000 customer selfies (via ATM cameras), and 300,000 customers PII which includes Social Security Number, Date of Birth, First Name, Last Name, e-mail address, Telephone Number,… pic.twitter.com/TJ7RUK18Yq
Coin Cloud filed for Chapter 11 bankruptcy in February 2023. The company has not yet commented on the data breach.
Affected Customers Urged to Take Precautions
Individuals who have used Coin Cloud ATMs in the past should take immediate steps to protect themselves from potential identity theft and fraud. This includes:
- Placing credit freezes or fraud alerts on their credit reports
- Monitoring their bank and credit card statements closely for any unauthorized activity
- Reporting any suspicious activity to their financial institutions immediately
Experts Recommend Implementing Stronger Security Measures
Experts recommend that all businesses, regardless of size, implement strong cybersecurity measures to protect customer data. This includes:
- Conducting regular security audits
- Implementing proper access controls
- Encrypting sensitive data
- Educating employees about cybersecurity threats
Data Breaches Highlight the Importance of Cybersecurity
This latest data breach serves as a stark reminder of the ever-evolving cybersecurity threats that businesses and individuals face. It is crucial for organizations to take cybersecurity seriously and implement appropriate safeguards to protect sensitive data.
About Coin Cloud
Coin Cloud was a Bitcoin ATM operator that was founded in 2014. The company operated over 4,000 ATMs in the United States and Brazil before filing for bankruptcy in 2023.
