Bitcoin Depot, a crypto ATM operator, has reported a data breach affecting nearly 27,000 customers. The incident occurred over a year ago, but notification was only possible after the investigation was completed.
Details of the Data Breach
The incident, occurring on June 23, 2024, resulted in the exposure of personal information of 26,732 customers, including names, phone numbers, driver's license numbers, and potentially addresses, birth dates, and emails. A spokesperson for Bitcoin Depot stated that authorities advised delaying customer notification while a third-party investigation was underway. On June 13, federal authorities informed Bitcoin Depot that the investigation was complete, allowing the company to proceed with the disclosure.
Measures for Protecting User Data
In response to the incident, Bitcoin Depot has enhanced its security measures and advised customers to closely monitor their credit reports, report suspicious activity, and consider placing fraud alerts. The company confirmed that there is no evidence of customer information being misused.
Security Issues in the Crypto Industry
The crypto industry remains an attractive target for hackers, with frequent attacks on crypto exchanges and services. This year, other companies have also reported breaches, underscoring ongoing security challenges in the crypto and fintech sectors. Bitcoin Depot continues to work with law enforcement to address the incident and prevent future occurrences.
The data breach at Bitcoin Depot highlights the importance of safeguarding personal information in an environment of increasing cyber threats in the crypto industry.
