Brazilian crypto trading platform Atlas Quantum has suffered a serious data theft that made details of almost 261,000 customers vulnerable to misappropriation. The crypto firm revealed the shocking news on its Facebook page on Sunday.
Atlas Quantum ordered investigation soon after the breach came to light on Saturday. While the crypto firm has confirmed no theft of users’ fund, they confessed a considerable amount of personal data has been stolen.
The Brazilian crypto exchange platform manages assets worth $27 million and users can buy and sell their Bitcoins on a number of other cryptocurrency exchange platforms. Atlas also allows its customers to make profits based on the price fluctuations and exchange rates of Bitcoin.
Atlas Quantum has already blocked some functions of its platform and reaffirmed users that their passcodes and encryption will remain intact and secured
Atlas sprang into action by taking immediate measures to safeguard its user database from any future attacks. The crypto firm has already blocked some functions of its platform and reaffirmed users that their passcodes and encryption will remain intact and secured.
But the incident has again brought to the fore how vulnerable the online data.
A translated Facebook post of Atlas CEO Rodrigo Marques reads,
We would like to point out that this is not a steal of Bitcoins in custody or violation of our accounts in the exchanges. However, our customer base was exposed. At the time of the incident, we took immediate steps to protect the database and passwords and private keys remain encrypted.
Have I been pawned has tweeted,
New breach: The Atlas Quantum cryptocurrency investment platform had 261k names, phone numbers, email addresses and account balances exposed. 24% were already in @haveibeenpwned.
A report of Have I Been Pawned, a data breach index site, said over 261,000 users are hit in the latest breach. The leaked data contains personal details like names, contact number, addresses and balance in their accounts.
Image via Shutterstock
A social media geek, Chandrakana Ray loves to track every buzz around the ever volatile cryptocurrency market, swinging moods of the crypto titans and unearths more about blockchain technology to make it a pleasant read for crypto enthusiasts. As a Business Correspondent with Cryptodawn, her writings zero in on every development of cryptocoins with an aim to give the most of it. A gourmet, she delves into myriad culinary to satiate her gastronomic urge.