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Transak Data Breach: What We Know About the Hack

by

5 hours ago


Transak, the fiat-to-crypto platform, reported a data breach affecting 57,000 users, linked to the Stormous group.

Details of the Data Breach

The breach, executed through a phishing attack, exposed personal information like names. However, Transak assured that financial details remain secure.

There is currently no indication that data was misused. We advise vigilance against suspicious activities.Transak

Who is Behind the Attack

The Stormous group claimed responsibility, stating on their website that they stole 300 gigabytes of data, including documents, IDs, and financial reports.

Measures and Consequences

Transak plans to reach out to the affected users with resources for protection and has hired an external firm to investigate. Past attacks included Fractal ID in July, similarly affected by data breaches.

The attack highlights security concerns for user data in crypto services, while Transak works on resolving the issue and advises user vigilance.

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