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Hardware wallet provider Ledger loses 1 million email addresses in data breach [Video]

Popular cryptocurrency hardware wallet provider Ledger has suffered a security breach, with more than one million email addresses being stolen.

The attack, according to Ledger CEO Pascal Gauthier, was from an unauthorised third party and reportedly went on for more than two months.

Customers affected by the breach include those who signed up to newsletters and promotional material, as well as 9,500 customers that had their full names, postal addresses and phone numbers stolen.

In a note to customers via email, Gauthier said: “Our ecommerce and marketing database leaked, we immediately fixed the breach. Contact and order details were involved. Your funds are safe.”

He then reassured customers by confirming that “payment information, credentials (passwords) or crypto funds are not impacted by this data breach,” before adding that it has no impact on the hardware wallets or Ledger Live application.

Outlining the next steps, he continued: “We have taken immediate action on 14th of July …

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American entrepreneur Rachel Tipograph is the co-founder of MikMak, one of the fastest-growing woman-led startups of 2020-21.