Overview
• FTX reports a cybersecurity breach involving its claims agent Kroll
• Kroll is in contact with affected individuals and is educating them on necessary precautions
• Systems and account passwords are safe, however customers should be cautious of fake emails
FTX Reports Cybersecurity Breach Involving Claims Agent Kroll
Defunct cryptocurrency exchange FTX has reported that its bankruptcy case claims agency, Kroll, had a cybersecurity breach that resulted in the exposure of limited, non-sensitive customer data of specific claimants. The insolvent cryptocurrency exchange alerted its clients, lenders, and the general public of the data breach through their X platform (formerly Twitter).
Kroll In Contact With Affected Individuals
Kroll is currently educating those affected by the cybersecurity incident about the precautions they may take to ensure their security. Additionally, FTX’s debtors have opened a line of communication with Kroll and are closely monitoring the situation as it develops. Customers are urged to be vigilant about emails that could be fake or scams that pretend to be from companies going through bankruptcy.
Impact On Ongoing Bankruptcy Case
Celsius Network, another cryptocurrency lending platform also experienced a data breach that resulted in the exposure of customers’ email records which has had a significant impact on their bankruptcy restructuring process. While it is still too early to determine if this incident will have an impact on FTX’s ongoing bankruptcy case, customers are advised to remain watchful for any suspicious activity related to their accounts.
Conclusion
FTX’s security breach involving its claims agent Kroll highlights how important it is for consumers of crypto exchanges to remain vigilant when it comes to cyber threats. Customers should exercise caution when dealing with emails or other online communications from companies going through bankruptcy proceedings as such messages could potentially contain malicious content meant to exploit them financially or otherwise.