Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: mlawson71 on November 19, 2020, 06:16:10 PM
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The Japanese cryptocurrency exchange Liquid announced that it has become a victim of a security breach.
The actual breach took place back on 13th November and while the exchange managed to contain financial damages, the hackers did obtain Know Your Customer Information which includes names, passwords and user emails.
The CEO of the exchange, Mike Kayamori directly addressed users and warned them that they might experience raudulent emails and/or soliciting attempts, also known as phishing.
Liquid also stressed in its announcement that their client base is safe and there is no immediate danger to user funds, then went on to praise its strong password encryption, while also recommending that users change those as well as their credentials as fast as they can.
Source (https://theforexreview.com/2020/11/18/japanese-crypto-exchange-is-victim-of-security-breach/)
I find it really irresponsible that they took this long to warn their users about this. Who knows how many phishing attempts have already occurred and were successful.