Transak hit by data breach, 92K users exposed

Transak disclosed a data breach affecting over 92,000 users after a phishing attack compromised an employee’s laptop.

Crypto on-ramp firm Transak has disclosed a recent data breach that affected over 92,000 users. 

According to an Oct. 21 blog post, the company identified that a malicious actor gained access to an employee’s laptop through a phishing attack, giving them exposure to “specific user information stored within the vendor’s dashboard.”

The attacker compromised the employee credentials and was able to log in to the system of a third-party Know Your Customer vendor that we use for document scanning and verification services. Sensitive information such as names, dates of birth, passports, driver’s licenses and selfies of  92,554 users, or 1.14% of Transak’s user base, were compromised.

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