News and Updates on Information Technology

United States – Ledger

Exploit: Unsecured Database
Ledger: Cryptocurrency Storage Platform

Risk to Small Business: 1.667 = Severe

Once again, Ledger is hot water for a cyberattack. This time, Ledger users received a phishing email that directed them to log in at a new address, allowing cybercriminals to steal both the victim’s login credentials and cryptocurrency. This is the company’s second incident this year, and information from that July 2020 incident is suspected to have played a part in this attack.

Individual Risk: No personal or consumer information was reported as impacted in this incident.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Cyberattacks can have cascading consequences, with information stolen in cyberattacks coming back to haunt businesses months or years later. Data like login credentials can live on in Dark Web data dumps to haunt you later.