Breach, Compliance Management, Threat Management, Data Security, Privacy, Threat Management

Ethereum cryptocurrency breach affects 16K


Administrators of the Ethereum Project said the platform to trade the Ethereum cryptocurrency incurred a breach affecting more than 16,500 users.

The attacker used social engineering to gain access to a mobile phone number which allowed them to gain access to other accounts and ultimately compromise usernames, email addresses, profile data, public and private messages, and hashed passwords, according to a Dec. 19 security blog post.

Administrators said the information stolen may be enough for an attacker to cherry-pick the importance of individuals using the platform or identify individuals with large account balances.

The breach took place on Dec. 16 although the compromised database was reportedly a backup from April 2016. A hacker purporting to be the same individual that stole more than $300,000 from Chinese Investor Bo Shen earlier this month, reached out to the administrators and claimed responsibility for the attack.

Get daily email updates

SC Media's daily must-read of the most current and pressing daily news

By clicking the Subscribe button below, you agree to SC Media Terms and Conditions and Privacy Policy.