Gemini data thieves ask for 30 bitcoin ransom

Representatives of Bleeping Computer reported that the recent leak of data from the Gemini cryptocurrency exchange is related to the desire of attackers to sell the available information. The latter notified of their intention to sell data for 30 bitcoins, which at the current rate is slightly more than $501,000.

On December 14, it became known that Gemini had leaked the personal data of all traders. The reason for this was a technical error that occurred on a platform that does not belong to the crypto exchange. As a result, the attackers managed to use exploits in order to obtain confidential information, for which they can later ask for a substantial ransom.

As a weapon to capture information, the hackers used the phishing method of registered users and obtained the information they needed. Most likely, the hackers sent out emails to traders with a link to a fake Gemini website, urging them to enter their data under the pretext of protecting their account.

Victims most likely did not have a two-factor authentication method that would help them avoid data loss. For additional protection, you should not disdain such things, especially if there is a decent amount of financial resources on the exchange.

The attackers hacked a long time ago and for the first time put up for sale the client base of Gemini in September on one of the hacker forums. When no buyer was found, they tried again in October and November. Each time, there were no more people willing to buy data. As a result, the hackers exposed the received data on the BreachForums website and all visitors found out the confidential data of 5,700,000 Gemini customers.