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Bits of Gold data breach affects 200,000 customers

Created at 17 Aug · 12:11 PM1 source↑ Market-relevant
IN SHORT

Israeli cryptocurrency broker Bits of Gold reported a data breach affecting approximately 200,000 customers. Hackers accessed personal information, including names and national ID numbers, through a compromised third-party analytics provider. The company stated that customer funds and private keys were not affected.

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Key Numbers

200,000Bits of Gold customers affected by data breach
3crypto firms hit by data breaches in the last week
230,000users affected by crypto data breaches in the last week
40,000SafePal users affected by a breach
14,000Trezor wallet customers affected by a breach
2013year Bits of Gold was founded
250,000Bits of Gold customers

Who's Involved

Bits of Gold
Israeli cryptocurrency broker reporting a data breach
Youval Rouach
CEO of Bits of Gold
Bits of Gold data breach affects 200,000 customers

↳ Why This Matters

The breach highlights ongoing cybersecurity risks within the crypto industry, even for established firms, and underscores the vulnerability of customer data when third-party vendors are compromised.

Key facts

  • Hackers gained unauthorized access to a third-party data analytics network used by Bits of Gold.
  • Personal data of approximately 200,000 Bits of Gold customers was stolen.
  • Exposed information includes names, national ID numbers, emails, phone numbers, IP addresses, and bank account details.
  • Customer funds, passwords, private keys, and scanned IDs were not compromised.
  • This incident is the third major crypto data breach in the past week.

Hackers have compromised the personal data of approximately 200,000 customers of Israel's largest cryptocurrency broker, Bits of Gold. The breach occurred through unauthorized access to a third-party data analytics network, according to a company statement.

The exposed information includes customer names, national ID numbers, email addresses, phone numbers, IP addresses, and bank account details. However, Bits of Gold emphasized that no funds, private keys, passwords, CVV codes, or scanned identification documents were accessed.

This incident is the third significant data breach to affect the cryptocurrency industry in the past week. Previously, nearly 40,000 SafePal users were impacted by a breach at an external vendor, and around 14,000 Trezor wallet customers had their data exposed following a compromise at their fulfillment partner, ShipMonk.

Bits of Gold, founded in 2013 and holding a permanent Financial Services Provider license in Israel, stated that its security team has initiated a comprehensive investigation with the assistance of a specialized cybersecurity firm. The company assured customers that their digital assets and funds remain safe and were not involved in the incident.

Frequently asked questions

Hackers accessed customer names, national ID numbers, emails, phone numbers, IP addresses, and bank account details.

No, Bits of Gold stated that customer funds, passwords, private keys, CVV codes, and scanned ID documents were not exposed.

The hackers gained unauthorized access to a third-party data analytics network used by Bits of Gold.

No, this is the third major crypto data breach reported in the last week, following incidents at SafePal and Trezor.

What Happens Next

01Bits of Gold will continue its investigation into the data breach.
02Customers will be notified of the full extent of the breach and advised on protective measures.

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Cadence

How It Developed

Hackers breached a third-party data analytics provider.
The breach exposed personal data of approximately 200,000 Bits of Gold customers.
Stolen information included names, national IDs, emails, phone numbers, IP addresses, and bank account details.
Bits of Gold stated that customer funds, passwords, private keys, and scanned IDs were not compromised.
The incident is part of a wider wave of crypto-related data breaches affecting other firms.
Bits of Gold has launched a comprehensive investigation with cybersecurity specialists.

Sources

T1
Israel’s largest crypto broker Bits of Gold hit by data breach affecting 200,000 customersCoinDesk

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