Coinsquare Data Theft Flags Insider Threat Issue

CISO Mag reports:

Coinsquare, a Canadian crypto exchange that enables its users to trade Bitcoin, Ethereum, and other cryptocurrencies, confirmed that its customer information was stolen by an ex-employee last year. Cybercriminals laid their hands on this data and are now reportedly going to carry out SIM swapping attacks.

According to Stacey Hoisak, Coinsquare’s general counsel, the data theft took place a year ago by a now ex-employee of the company from the Customer Service system.

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