FTX Suspends User Accounts Following Kroll Cybersecurity Breach
Summary:
FTX Derivatives Exchange temporarily suspends accounts of users impacted by the Kroll cybersecurity breach as a proactive measure. Users are advised against making changes to their claims. FTX reassures the security of submitted claim data. Kroll breach exposed non-sensitive data, but FTX's internal systems were unaffected. Phishing emails targeting FTX customers emerge.
FTX Derivatives Exchange, the financially troubled cryptocurrency trading company, has made the decision to temporarily suspend the accounts of users affected by the recent Kroll cybersecurity breach. This move by FTX is a proactive measure aimed at preventing any potential future incidents or further harm. The exchange has promised to provide more information in the following stages.
As a response to the Kroll cybersecurity incident, FTX has taken the precautionary step of freezing the accounts of affected users within the customer claims portal. FTX assures users that all submitted claim data through the Kroll portal remains secure, accurately recorded, and valid.
During this time, users are strongly advised not to make any changes to their claims or alter any accepted schedules. FTX emphasizes that the breach had no impact on the security of account passwords, internal systems, or financial funds.
Kroll Restructuring Administration, the appointed claims and noticing agent for FTX's ongoing bankruptcy proceedings, experienced a breach resulting in the exposure of non-sensitive data associated with claimants in the bankruptcy case. FTX received reassurances from Kroll regarding their active management of the situation and continued oversight.
FTX has clarified that the incident occurred at Kroll, and Kroll is directly informing affected individuals about precautionary measures. FTX affirms that Kroll did not handle FTX account passwords, and FTX's internal systems were unaffected.
Although FTX has taken measures to secure user data, blockchain analyst ZachXBT has verified that phishing emails targeting FTX customers have emerged, indicating possible compromise of personal information.
Published At
8/27/2023 6:59:34 AM
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