Independent Reserve vs CoinSpot Review | What is Australia’s Best Crypto Exchange? (2020)

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Australian crypto exchange accidentally disclosed data of 270 thousand clients
CONTENT

  • The email addresses of 270 thousand clients of the Australian crypto exchange were accidentally disclosed in the mailing list

  • The trading floor promised to conduct an internal investigation

  • The leak was caused by incorrect use of a third-party mailing service

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Australia’s largest cryptocurrency exchange accidentally discloses 270k customers’ email addresses in an email newsletter

Australian crypto exchange BTC Markets mistakenly disclosed the names and mailing addresses of 270,000 customers in its own mailing list. Business Insider Australia reports..

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On Tuesday morning, December 1, BTC Markets inadvertently disclosed the names and email addresses of more than 270,000 of its clients, writes Business Insider.

Australian crypto exchange accidentally ...

Marketplace customers have already started complaining about their data leaks on Twitter and Reddit.

Source: reddit.com

Later, the exchange published an official statement on its Twitter page, in which it admitted that it had violated the privacy of its clients, and apologized for the inconvenience..

“Today’s newsletter from BTC Markets revealed client names and email addresses. This is a very unfortunate situation, and we sincerely apologize for it, “- said representatives of the exchange.

The exchange said it would contact the Australian Information Commissioner’s Office and conduct an internal audit upon the incident.

Human factor

The company has already urged users to enable two-factor authentication to log into their account. According to BTC Markets, the reason for the disclosure of email addresses was a third-party service through which the exchange sent letters to clients for several years..

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As a result of the error, the email addresses in the recipient field were not hidden.

Australian crypto exchange accidentally ...

BTC Markets claims that batch mailing is limited to 1000 recipients, which means that everyone could view no more than 999 addresses of other clients of the site..

Personal data leaks in the cryptocurrency market are not new.

Australian crypto exchange accidentally ...

At the end of October BeInCrypto editors reported, that users of the Ledger hardware wallet were victims of a massive phishing attack in which they were asked to install a fake update.

Then it was assumed that the recipients of the phishing emails were the owners of the email addresses, whose data was stolen from the official Ledger database..

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