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Home > BSA/AML & Consumer Protection > Coinsquare CEO confirms client data was stolen by a former employee after report of SIM swap threat
Jun5 - 20

Coinsquare CEO confirms client data was stolen by a former employee after report of SIM swap threat

Canadian crypto exchange Coinsquare said that an internal theft last year by a former employee resulted in personal information on some of its customers landing in the hands of a hacker or group of hackers.

Details of the incident were included in a story published earlier this week by news outlet Vice, which reported that the hacker or hackers intend to use the information – which contains email addresses, phone numbers and, in some cases, physical addresses – to perform SIM swap attacks. A SIM swap attack involves a fraudulent actor who uses personal information to effectively hijack a person’s phone number. Read the complete article HERE.

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