Among the first advice crypto investors are given when buying Bitcoin or altcoins, is to immediately get a hardware wallet and move any newly bought coins to cold storage for safe-keeping. But unfortunately for the crypto community and the potential safety of their digital assets, top hardware wallet manufacturer Ledger has suffered a critical customer database leak, exposing the personal details and even addresses of a couple hundred thousand users.
Here’s how to find out if your personal details are at included, and what steps – if any – you can take to protect yourself from the risk associated with this leak.
CRYPTO COLD STORAGE WALLET MAKER LEDGER CUSTOMER DATABASE LEAKED BY HACKERS
But nothing is more important than the safety and security of digital assets, so the primary advice to heed is picking up a hardware wallet, and moving any bought assets held on a centralized exchange to offline cold storage for safe, long-term keeping.
Hackers now know the full name, address, phone number, and the fact that the person has a strong chance of owning crypto, thanks to the mishandling of personal information by Ledger.
Here’s how to find out if your information was compromised, and what to do if this is the case.
COULD FUD SURROUNDING THE LEDGER DATABASE LEAK CAUSE BITCOIN TO CORRECT? | SOURCE: BTCUSD ON TRADINGVIEW.COM
BITCOIN HOLDERS BEWARE: WHAT TO DO IF YOUR PERSONAL INFORMATION WAS LEAKED?
The leak includes first name, last name, phone number, address, and email address – this information alone could allow savvy hackers to access just about any account associated with these details.
The most severe risk associated with this leak is the fact that these crypto users, who were just looking for a safe way to store their Bitcoin, have now put their homes and potentially their families at risk.
The only true way to alleviate the relation to the address is to move completely, but ensuring that there’s no paper trail following you to your new address is also important. Such a situation isn’t realistic, however.
Personal opsec is critical to navigating the cryptocurrency industry carefully. The more steps you can take to protect your privacy, the better off any digital assets owned will be. But unfortunately and ironically for Ledger users who were following Bitcoin ownership best practices, they are the ones at the most risk.