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Market News

Nansen Alerts Users to Phishing Risk After Data Breach

Nansen said that the vendor is a reputable organization that Fortune 500 companies in the same industry rely on to manage customer data.

Written By:
Jalpa Bhavsar

Last updated: September 22, 2023 11:14 AM
Published 2023-09-22
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Nansen Alerts Users to Phishing Risk After Data Breach

The crypto analytics platform Nansen has disclosed that their data has been breached. Nansen warned users to stay vigilant after the breach of some users’ email addresses, password hashes, and blockchain addresses.

A post on the official Nansen X account claims that the vendor is a reputable organization that Fortune 500 companies in the same industry rely on to manage customer data. According to a preliminary investigation, 6.8% of its user are affected.

Nansen also shared a photo informing users, which says, “A breach on the vendor’s side gave an attacker access to admin rights to an account used to provision customer access to our platform. We managed to stop the unauthorized access shortly after learning about it and launched an immediate investigation.”

A small portion of these users also had their password hashes and blockchain addresses exposed, in addition to their email addresses being made public. The company sent letters to affected users, advising them to change their passwords because other applications using the same email address and password might also be vulnerable.

According to Nansen, user funds are unaffected because they never request the user’s private key. As well as discussing phishing attempts, Nansen advises users to double-check the sender of any communication that purports to be from Nansen.

Also Read: FTX & BlockFi’s Customer Data Breaches in Kroll Hack

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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