A ransomware group has recently claimed to have breached Transak’s infrastructure, impacting all KYC (know your customer) data processed through their system. The group made this announcement in a public Telegram group that it operates, stating that they have extracted over 300GB of data. This data includes sensitive personal documents such as government-issued IDs, proof of address, financial statements, and user selfies.
This breach highlights the importance of cybersecurity measures for companies that handle sensitive customer information. It serves as a reminder of the risks associated with storing personal data online and the potential consequences of a security breach.