What happened in the Coinmama data breach?
Twingate Team
•
May 3, 2024
In August 2017, Coinmama, a cryptocurrency brokerage service, experienced a data breach that was discovered in February 2019. The incident was part of a larger series of breaches affecting multiple companies and millions of user records. Coinmama took steps to address the breach, including notifying users and requiring potentially affected individuals to reset their passwords.
How many accounts were compromised?
The breach impacted data related to approximately 479,000 individuals.
What data was leaked?
The data exposed in the breach included email addresses, passwords, and usernames of the affected users.
How was Coinmama hacked?
The Coinmama data breach was discovered when a list of around 450,000 email addresses and hashed passwords of users who registered before August 5, 2017, was posted on a dark web registry. Although specific details about the hackers' methods were not provided, the breach was part of a larger hack affecting multiple platforms. There is speculation that the hacker may have exploited a vulnerability in the open-source PostgreSQL software to access the data, but this has not been confirmed.
Coinmama's solution
In response to the data breach, Coinmama established an Incident Response Team to investigate the intrusion and implemented additional security measures to protect their platform. They promptly notified affected users and required them to reset their passwords upon their next login. Furthermore, Coinmama urged all users to ensure their passwords were unique and strong, as a precautionary measure to help prevent future incidents.
How do I know if I was affected?
Coinmama notified users believed to be affected by the breach. If you're a Coinmama user and haven't received a notification, you may visit Have I Been Pwned to check your credentials.
What should affected users do?
In general, affected users should:
Change Your Password: Immediately update your password for the breached platform. Make sure the new password is strong and unique, not previously used on any other platform.
Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.
Enable Two-Factor Authentication (2FA): Activate 2FA on the breached platform and consider enabling this additional security feature on all other important online accounts to significantly reduce the risk of unauthorized access.
For specific advice on Coinmama's data breach, reach out to their support team by visiting the Coinmama Support page.
Where can I go to learn more?
If you want to find more information on the Coinmama data breach, check out the following news articles:
Rapidly implement a modern Zero Trust network that is more secure and maintainable than VPNs.
What happened in the Coinmama data breach?
Twingate Team
•
May 3, 2024
In August 2017, Coinmama, a cryptocurrency brokerage service, experienced a data breach that was discovered in February 2019. The incident was part of a larger series of breaches affecting multiple companies and millions of user records. Coinmama took steps to address the breach, including notifying users and requiring potentially affected individuals to reset their passwords.
How many accounts were compromised?
The breach impacted data related to approximately 479,000 individuals.
What data was leaked?
The data exposed in the breach included email addresses, passwords, and usernames of the affected users.
How was Coinmama hacked?
The Coinmama data breach was discovered when a list of around 450,000 email addresses and hashed passwords of users who registered before August 5, 2017, was posted on a dark web registry. Although specific details about the hackers' methods were not provided, the breach was part of a larger hack affecting multiple platforms. There is speculation that the hacker may have exploited a vulnerability in the open-source PostgreSQL software to access the data, but this has not been confirmed.
Coinmama's solution
In response to the data breach, Coinmama established an Incident Response Team to investigate the intrusion and implemented additional security measures to protect their platform. They promptly notified affected users and required them to reset their passwords upon their next login. Furthermore, Coinmama urged all users to ensure their passwords were unique and strong, as a precautionary measure to help prevent future incidents.
How do I know if I was affected?
Coinmama notified users believed to be affected by the breach. If you're a Coinmama user and haven't received a notification, you may visit Have I Been Pwned to check your credentials.
What should affected users do?
In general, affected users should:
Change Your Password: Immediately update your password for the breached platform. Make sure the new password is strong and unique, not previously used on any other platform.
Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.
Enable Two-Factor Authentication (2FA): Activate 2FA on the breached platform and consider enabling this additional security feature on all other important online accounts to significantly reduce the risk of unauthorized access.
For specific advice on Coinmama's data breach, reach out to their support team by visiting the Coinmama Support page.
Where can I go to learn more?
If you want to find more information on the Coinmama data breach, check out the following news articles:
Rapidly implement a modern Zero Trust network that is more secure and maintainable than VPNs.
What happened in the Coinmama data breach?
Twingate Team
•
May 3, 2024
In August 2017, Coinmama, a cryptocurrency brokerage service, experienced a data breach that was discovered in February 2019. The incident was part of a larger series of breaches affecting multiple companies and millions of user records. Coinmama took steps to address the breach, including notifying users and requiring potentially affected individuals to reset their passwords.
How many accounts were compromised?
The breach impacted data related to approximately 479,000 individuals.
What data was leaked?
The data exposed in the breach included email addresses, passwords, and usernames of the affected users.
How was Coinmama hacked?
The Coinmama data breach was discovered when a list of around 450,000 email addresses and hashed passwords of users who registered before August 5, 2017, was posted on a dark web registry. Although specific details about the hackers' methods were not provided, the breach was part of a larger hack affecting multiple platforms. There is speculation that the hacker may have exploited a vulnerability in the open-source PostgreSQL software to access the data, but this has not been confirmed.
Coinmama's solution
In response to the data breach, Coinmama established an Incident Response Team to investigate the intrusion and implemented additional security measures to protect their platform. They promptly notified affected users and required them to reset their passwords upon their next login. Furthermore, Coinmama urged all users to ensure their passwords were unique and strong, as a precautionary measure to help prevent future incidents.
How do I know if I was affected?
Coinmama notified users believed to be affected by the breach. If you're a Coinmama user and haven't received a notification, you may visit Have I Been Pwned to check your credentials.
What should affected users do?
In general, affected users should:
Change Your Password: Immediately update your password for the breached platform. Make sure the new password is strong and unique, not previously used on any other platform.
Reset Passwords for Other Accounts: If you've used the same or similar passwords for other online accounts, reset those as well. This is crucial as attackers often try using stolen passwords on multiple sites.
Enable Two-Factor Authentication (2FA): Activate 2FA on the breached platform and consider enabling this additional security feature on all other important online accounts to significantly reduce the risk of unauthorized access.
For specific advice on Coinmama's data breach, reach out to their support team by visiting the Coinmama Support page.
Where can I go to learn more?
If you want to find more information on the Coinmama data breach, check out the following news articles: