Crypto Wallet Provider Ledger Hacked: Data Leak Results in Phishing Scams


Ledger, a cryptocurrency wallet provider has encountered a data breach. The official Twitter account of the hardware wallet tweeted that they have been alerted to the dump of a client database on Raidforum. The firm stated that it is still verifying the hack but initial clues intimate it is from its e-commerce database from this past June.

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Ledger Data Breach And The Phishing Scams

Ledger was first hacked in July 2020, but new reports now unveil the full length of the data breach. The leaked data, which was distributed on Raidforums, also contains names, addresses, and phone numbers of Ledger clients.

According to the official post, On July 14, a researcher reached out to Ledger via its bounty program to notify them about the data breach on its e-commerce and marketing database. The official post further stated that the firm quickly fixed the data breach and started internal probes and found that the leaked data was because of unauthorized access and the clients’ funds are safe.

It appears that the Ledger wallet clients have been targeted by a phishing campaign that utilized a fraudulent data breach warning to steal cryptocurrency. Below is an example of an email that one Ledger user received bound to the data leak.

It appears that the Ledger wallet clients have been targeted by a phishing campaign that utilized a fraudulent data breach warning to steal cryptocurrency. Below is an example of an email that one Ledger user received bound to the data leak.

Here is the page of its website that tracks crypto exchange hacks saying that $1.74 billion has been stolen from exchanges or $31 every second.

Ledger also stated the data breach did not generate any immediate threat to funds safety of users. But security experts say that many clients’ security is in danger.

According to cybersecurity site haveibeenpwned.com, it had registered almost 69% of the compromised addresses.

Alon Gal, Co-Founder & CTO at security company Hudson Rock tweeted:

He also stated that “Other forum members are not appreciating the leaker taking away their potential 6 figure sales for this database”.

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Ledger Data Leak
Ledger Data Leak© Cryptoticker
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