Users of Bitfinex targeted by phishing attack following employee’s hacking incident

Users of Bitfinex targeted by phishing attack following employee's hacking incident


Bitfinex Reports Minor Security Incident After Phishing Attack

Cryptocurrency exchange Bitfinex recently experienced a “minor” security incident when one of its customer support agents was hacked. The incident occurred between October 30 and November 5 and resulted in a series of phishing attacks against Bitfinex users. However, the exchange claims that little damage was done. In a statement, Bitfinex explained that the hacker gained access to a small portion of their customer support boards, which contained partial and outdated information. The customer support agent did not have senior permissions, limiting their access to supporting tools and help desk tickets.

No Compromise of Systems or Customer Funds

Bitfinex emphasized that its systems were not compromised during the incident and no customer funds were lost. The exchange clarified that no server, wallet, or database infrastructure was accessed. It further stated that customer assets on the platform were never at risk, and password information was not accessible. Most of the affected customer accounts were either empty or inactive.

Resolution and Investigation

The issue has been resolved by Bitfinex, but the exchange is continuing to review the incident, compromised information, and reaching out to affected customers. Bitfinex has also notified law enforcement about the incident and plans to collaborate with investigation authorities to identify the perpetrator behind the phishing attack.

Commitment to Security

Despite this incident, Bitfinex remains committed to security. The exchange regularly reviews its security procedures and mandates cybersecurity training for all employees. It has a strong track record of successfully prosecuting individuals who have attempted to attack its operations in the past.

About Bitfinex

Founded in Hong Kong in 2012, Bitfinex is a cryptocurrency exchange ranked 17th in CoinGecko’s “Trust Score” index. The exchange has seen over 800,000 visits on its platform in the last month. Jean-Louis van der Velde has been serving as Bitfinex’s CEO since 2013.

Hot Take: Bitfinex Resolves Minor Security Incident and Focuses on User Safety

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Bitfinex recently experienced a minor security incident after a customer support agent was hacked, leading to phishing attacks against its users. Fortunately, the incident did not result in significant damage, and no customer funds were lost. Bitfinex’s prompt response and secure systems ensured that customer assets remained protected. The exchange is actively investigating the incident and collaborating with law enforcement to identify the perpetrator behind the attack. Despite this incident, Bitfinex remains dedicated to prioritizing user security by regularly reviewing procedures and providing cybersecurity training to employees. With its strong track record of prosecuting attackers, Bitfinex continues to instill confidence in its users and maintain a secure trading environment.

Users of Bitfinex targeted by phishing attack following employee's hacking incident
Author – Contributor at Lolacoin.org | Website

Coinan Porter stands as a notable crypto analyst, accomplished researcher, and adept editor, carving a significant niche in the realm of cryptocurrency. As a skilled crypto analyst and researcher, Coinan’s insights delve deep into the intricacies of digital assets, resonating with a wide audience. His analytical prowess is complemented by his editorial finesse, allowing him to transform complex crypto information into digestible formats. Coinan’s contributions serve as a valuable resource for both seasoned enthusiasts and newcomers, guiding them through the dynamic landscape of cryptocurrencies with well-researched perspectives. With meticulous attention to detail, he empowers informed decision-making in the ever-evolving crypto sphere.