Major data breach at cryptocurrency investment platform Atlas Quantum 21820 Lock and Circuit Board
Rakesh Ranjan Parashar
Aug 28, 2018 at 3:31 AM

There has been another case of major data breach, as the Brazilian crypto trading platform Atlas Quantum revealed on Sunday that they suffered a major data theft that led to the exposure of personal details of roughly 261,000 customers. This was made public in the company’s official Facebook page.

The company discovered the breach on Saturday and has already started an investigation into the matter. While the company reaffirmed the fact that the incident has not affected the funds from the users’ accounts, they admitted that there has been a considerable loss a personal data.

Atlas Quantum is an investment and trading platform based in Brazil that reportedly manages over $27 million in assets. The platform gives users the opportunity to buy and sell Bitcoins on various other cryptocurrency trading platforms and allows users to make profits based on Bitcoin price fluctuations and exchange rates.

Swift to react

The breach led to a swift action from Atlas Quantum who took measures to protect their database from any further attacks. The company paused temporarily some of the platform’s functions and assured the users that passwords and encryption keys remained safe and intact. But this incident has again brought the vulnerability of online data to the fore.

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“We would like to point out that this is not a steal of Bitcoins in custody or violation of our accounts in the exchanges. However, our customer base was exposed,” the firm's Chief Executive Officer Rodrigo Marques said in a translated Facebook post. “At the time of the incident, we took immediate steps to protect the database and passwords and private keys remain encrypted.”

Data breach index site Have I Been Pwned reported that the leak affected more than 261,000 customers. Leaked data contained names, phone numbers, email addresses, and account balances.

Image via Shutterstock

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