{"id":9430,"date":"2022-03-19T08:00:43","date_gmt":"2022-03-19T08:00:43","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/blockfi-confirms-unauthorized-access-to-client-data-hosted-on-hubspot\/"},"modified":"2022-03-19T08:00:44","modified_gmt":"2022-03-19T08:00:44","slug":"blockfi-confirms-unauthorized-access-to-client-data-hosted-on-hubspot","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/blockfi-confirms-unauthorized-access-to-client-data-hosted-on-hubspot\/","title":{"rendered":"BlockFi confirms unauthorized access to client data hosted on Hubspot"},"content":{"rendered":"
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New Jersey-based crypto financial institution BlockFi confirmed a data breach incident via one of its third-party vendors, Hubspot. BlockFi\u2019s proactive warning about the breach aims to deter the intentions of bad actors in repurposing the user data for fraudulent activities.<\/p>\n

According to the announcement<\/a>, the hackers gained access to BlockFi\u2019s client data on Friday, Mar. 18, that were stored on Hubspot, a client relationship management platform:<\/p>\n

\u201cHubspot has confirmed that an unauthorized third-party gained access to certain BlockFi client data housed on their platform.\u201d<\/p><\/blockquote>\n

As a third-party vendor for BlockFi, Hubspot stored user data such as names, email addresses and phone numbers. Historically, bad actors have used such information for conducting phishing attacks and gaining access to accounts through user-provided passwords.<\/p>\n

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Regarding recent third-party data incident: pic.twitter.com\/50z7IrQ1za<\/a><\/p>\n

\u2014 BlockFi (@BlockFi) March 19, 2022<\/a><\/p><\/blockquote>\n

At the time of writing, BlockFi is supporting Hubspot\u2019s investigation to gain clarity on the overall impact of the data breach. While the exact details of the breached data are yet to be identified and revealed, BlockFi reassured users by highlighting that personal data \u2014 including passwords, government-issued IDs and social security numbers \u2014 \u201cwere never stored on Hubspot.\u201d<\/p>\n

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In addition, BlockFi has also confirmed that its internal system and client funds were not accessed and that the breach remains limited to the third-party vendor, Hubspot.\u00a0<\/p>\n

The company further recommended four methods to help users protect their online presence from bad actors \u2014 good password hygiene, two-factor authentication (2FA), allowlisting trusted applications and vigilance against scammers.<\/p>\n

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On an end note, BlockFi acknowledged that time is of the essence and are expediting their investigations to identify the extent of the breach:<\/p>\n

\u201cAdditional information will be emailed to all impacted clients in the coming days.\u201d<\/p><\/blockquote>\n

Investors are advised to be wary of all company communication, especially that demand urgency in requesting\/changing personal details including passwords and wallet addresses.<\/p>\n

Related: <\/strong>Rare Bears Discord phishing attack nabs $800K in NFTs<\/em><\/strong><\/p>\n

On Friday, Mar. 18, the recently launched nonfungible token (NFT) project Rare Bears was attacked, resulting in a theft of nearly $800,000 in NFTs.<\/p>\n

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Warning @BearsRare<\/a>
Discord has unfortunately been compromised. Please DO NOT click any links, connect your wallet and block all incoming DMs in our discord. Our team are working on the situation as we speak <\/p>\n

\u2014 Rare Bears (@BearsRare) March 17, 2022<\/a><\/p><\/blockquote>\n

As Cointelegraph reported, the attacked was conducted by a hacker who posted a phishing link in the project\u2018s Discord channel, and eventually stole 179 NFTs.<\/p>\n<\/div>\n