Ledger Wallet Consumer Data Leaks Lead to Attacks, Phishing Scams

News • 2020/12/13 • by
remitano

Cryptocurrency hardware wallet company "Ledger" was in hot water last June over a million leaked emails, according to the company's reports at the time.

Months later, hackers who collected Ledger's data contacted clients, sent texts to customers, and created phishing links to enter their seeds. One customer reportedly lost $50k, and the business has been overwhelmed by social media posts over the past week.

Major Updates

  • Ledger Wallet Data Leak leads to Phishing Scams.
  • Customers reports missing fund and phishing messages sent by hackers
  • Alleged Ledger hackers pretend to be Trezor

Ledger's hackers, who received approximately one million customer emails and probably other data, harassed customers and allegedly stole their money. On July 29, 2020, the French hardware wallet manufacturer Bitcoin reported hackers stole around one million customer emails.

Additionally, nearly 9,500 customers had extra information disclosed, including names, mailing addresses, and telephone numbers. Ledger explained that it advised clients to "be cautious" and "always beware of phishing attempts by malicious scammers."

The company report also stated in bold letters that Ledger "will never ask you for the 24 words of your recovery phrase."

Meanwhile, in the middle of it, users were getting phishing emails from hackers, and a few people reportedly lost their precious cryptocurrencies. For example, the famous bitcoin trader Brad Mills told his 19,000 Twitter followers about someone who had lost $50k in crypto.

"Hey Ledger, you need to keep sending phishing warnings to all of your customers," Mills tweeted. "People are losing their savings because of the hack. Get in front of it, continually send out purposeful emails to your customers just about the hack. Be a good steward. You need to do better," Mills added.

How do you think cyberscams should be better managed?

Comments (1)
Guest
ajii12
6 years ago
i believe cyberscams can be better managed by companies frequently running diagnostics on their security system

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