Bits of Gold data breach exposes personal details of up to 250,000 crypto customers

Israeli crypto company Bits of Gold, which has about 250,000 registered customers, reported a cybersecurity incident on Sunday in which customers’ personal information was exposed as part of a global cyberattack targeting an external analytics service provider.

The company said that customer funds and cryptocurrencies were not affected. However, personal information was exposed that could be used to carry out targeted fraud and phishing attacks.

What information was leaked, who was behind the attack, and what should Bits of Gold customers do now? Calcalist breaks it down.

What happened in the cyber incident at Bits of Gold?

A few days ago, Bits of Gold detected unauthorized access to a supporting system used for data analysis. After discovering the incident, the company disconnected the system from its information sources and launched an investigation with the assistance of a cyber incident response company. It also reported the incident to the relevant authorities, including the Capital Market Authority.

What information was apparently exposed?

The exposed information reportedly included identification and contact details such as full names, ID numbers, phone numbers, email addresses and IP addresses, as well as bank account details and public crypto wallet addresses. A public crypto wallet address is somewhat analogous to a bank account number or email address in the traditional financial system.