About two weeks ago I had asked a friend, a big crypto investor in Europe, if I should finally move my Bitcoin off of my current account and put it on my Ledger Nano S. It seemed way more secure, hack free of course, because who is accessing my Ledger Nano S? I imagine no one.
Then Ledger started sending me emails telling me I had to create an account online. I had not done so yet, and this was the perfect nudge.
And then, days later, Ledger gets hacked. Like everyone who has a Ledger Nano or a Ledger account, I am now getting emails from unknown individuals and fake Ledger accounts (phishing campaign, for sure) telling me my email address was leaked to ne’er-do-wells; and that my wallet has been disabled. I know all of this is spam because I do not yet have a Ledger account. I never set one up.
And Ledger’s website has this sprawled across its home page now.
On December 23, the France-based Ledger said the company had “fallen victim to a cyber attack” and that on December 20, malicious software was installed on one of their servers. As of December 23, they said that it was “technically impossible” to make an assessment of the severity of the data breach. They warned that it was safe to assume that “your funds could be at risk of theft”.
The hack apparently took place in July and the data was published on RaidForums, a marketplace for buying, selling, and sharing hacked information, Forbes contributor Billy Bambrough wrote.
The hacked data includes customer email addresses, full names, phone numbers and postal addresses, according to Ledger. A vulnerability on the Ledger website allowed a “unauthorized third party” to access the company’s e-commerce and marketing database before it was spotted by a researcher participating in Ledger’s bounty program, Bambrough wrote last week.
One of the biggest sticking points of cryptocurrency has been storage and security. If someone robs Santander, and cleans out the local branch in my home town, not one red cent of my savings and checking has vanished. But losing cryptocurrency to hackers is every Bitcoin investors worse fear. Especially now that Bitcoin has staged a comeback and is trading over $26,000, an all-time-high. This is the perfect time for incredibly bad luck.
As Bitcoin investors, we all want to start 2021 with our BTC firmly in hand.