Data Breach
Bitstamp Data Breach
1 records exposed • January 2015
Hackers tricked a Bitstamp employee into installing malware. They stole 19,000 Bitcoin, but the company covered the losses and is still operating today.
What Happened
Hackers stole 19,000 Bitcoin from Bitstamp after phishing an employee. The exchange survived by covering losses and improving security.
Attack method: Employee phishing
What Data Was Exposed
Bitcoin - 19,000 BTC (worth ~$5 million at the time)
Is your business exposed?
What to Do If You're Affected
- 1.
Enable all security features on crypto exchanges
- 2.
Use hardware wallets for large holdings
Lessons for Businesses
- • Employee training prevents phishing
- • Exchanges can survive breaches with reserves
- • Cold storage limits hot wallet exposure
Sources
Related Breaches
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