A hack of Kroll, a third party agent that handles creditor claims for bankrupt companies, has exposed the customer data of crypto exchange FTX and lender BlockFi, both of which are insolvent.
The customers were advised to be vigilant against scammers who might pose as parties in the bankruptcy, but their crypto account passwords and other sensitive data were not compromised.
BlockFi tweeted that an “unauthorized third party accessed some BlockFi client data stored on Kroll’s platform”, while FTX said it was “keeping a close eye on the situation”.
The internal systems of both crypto firms were not affected, but the breach may have caused concerns that the personal data could be exploited by hackers who might try to obtain more valuable information such as passwords or seed phrases.
Kroll is not only a bankruptcy service provider for the crypto sector, but also for many other companies. Kroll’s website also advertises a cybersecurity consultancy service, which claims to have “elite cyber risk leaders who can provide comprehensive cyber security services worldwide”.