Altcoin News: Massive Hack: 450,000 Coinmama User Accounts Are Compromised

February 18, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Clients of Coinmama, a cryptocurrency purchase service using bank cards, have become another victim of a massive hack.

In a letter that Coinmama sent to all its customers, it states that:

“February 15, 2019, we learned of a breach of about 450,000 emails and hashed passwords. We are still investigating the incident, but have reason to believe your account may be affected, and want to take immediate steps to secure it.”

At the moment, Coinmama experts continue to assess the scale of the incident, but in all likelihood, many of the user accounts may be compromised.

According to the portal ZDnet, the attacker, who previously put up for sale on the darknet database containing information about 620 million user accounts, added another 127 million records related to eight companies, among which is Coinmama. Supposedly, this database obtained in 2017 contains email addresses, passwords and “other unspecified information”. Hacker selling data for the price of 0.3497 BTC.

Representatives of Coinmama at the same time report:

“Given the dated nature of the published data, we have no reason to suspect that any other Coinmama systems are compromised. Coinmama does not store credit card information.”

However, the company advised all users who registered before August 5, 2017, to immediately change the passwords in their system, as well as everywhere they used with the same data.

Author: Marko Vidrih