Gemini assures customers of secure accounts despite third-party breaches

Gemini assures customers of secure accounts despite third-party breaches

TL;DR Breakdown

  • In 2022, customers of Gemini in the UK and European Economic Area were targeted by various phishing scams.
  • The exchange provided details regarding the data breach, confirming that a “limited number” of customers’ email addresses and partial phone numbers had been exposed by an external source.

Gemini recently announced that it had identified a phishing campaign targeting users in the UK and Europe, attributing it to two third-party vendor incidents. In these attacks, scammers used emails and websites imitating Gemini’s branding. The company has assured its customers that no account information or systems have been affected, reiterating that all customer accounts remain secure.

Gemini recently informed customers of two security incidents in which bad actors obtained personal information, including names, email addresses, and truncated (partial) phone numbers from two third-party vendors the exchange uses. Also, the firm had previously reported one of these scams; the other incident occurred last fall and was revealed recently.

The company has urged customers to remain vigilant and take necessary steps to protect their accounts. In addition, Gemini is taking measures to enhance security. They also affirmed that they would continue to update their customers about any new developments related to this incident.

We understand that these incidents may be part of a broader attack on crypto platforms by this group of bad actors,” Gemini said in an email. The UK Information Commissioner’s Office and the Irish Data Protection Commissioner have been informed about these security breaches.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Damilola Lawrence

Damilola Lawrence

Damilola is a crypto enthusiast, content writer, and journalist. When he is not writing, he spends most of his time reading and keeping tabs on exciting projects in the blockchain space. He also studies the ramifications of Web3 and blockchain development to have a stake in the future economy.

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