Ledger Addresses Security Breach and Takes Immediate Action
Following a recent security breach, Ledger has taken swift action to protect its users. The incident occurred when a former employee fell victim to a phishing attack, allowing a malicious actor to upload harmful code to Ledger’s NPMJS.
Collaboration with WalletConnect to Eliminate Malicious Code
Ledger worked closely with partner WalletConnect to quickly respond to the situation. Within 40 minutes of discovering the malicious code, they successfully eliminated and deactivated it on NPMJS.
Stringent Security Measures at Ledger
In an update from Ledger’s Chairman and CEO, Pascal Gauthier, it was revealed that the company follows strict security protocols. No single person can deploy code without multiple reviews, and strong access controls and internal reviews are in place. When an employee leaves the company, their access is promptly revoked.
“Security is not static, and Ledger must continuously improve our systems and processes.”
Cooperation with Authorities and Ongoing Investigation
Ledger is actively cooperating with authorities and assisting in the investigation. They are committed to working with affected users, identifying the responsible party, ensuring legal consequences, tracing funds, and collaborating with law enforcement to recover stolen assets.
Hot Take: Ledger Responds Swiftly to Security Breach
Ledger’s quick response to the security breach demonstrates their commitment to user safety. By collaborating with partners and implementing stringent security measures, they were able to eliminate the threat swiftly. However, this incident serves as a reminder that security is an ongoing process that requires continuous improvement. Ledger’s proactive approach in addressing the breach and cooperating with authorities shows their dedication to protecting their users’ assets.
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