Key takeaways:
- Nansen announced on social media platform X that a security issue at one of its third-party vendors affected 6.8% of its members.
- It stated that this vendor is “an established company that is used by many Fortune 500 companies,” in addition to other companies in the industry.
Popular cryptocurrency and blockchain analytics startup Nansen announced on social media platform X that a security issue at one of its third-party vendors affected 6.8% of its members.
Hackers gained access to admin privileges for an account that was used to “provision customer access” to Nansen’s platform, the company claims.
It stated that this vendor is “an established company that is used by many Fortune 500 companies,” in addition to other companies in the industry, to manage data without explicitly mentioning the affected company.
According to reports, the users impacted by the attack had their email addresses, specific password hashes, and some blockchain addresses revealed.
According to Nansen, the impacted individuals have been located, notified, and urged to change their passwords. Additionally, it made it clear that the incident had no impact on wallet money. There is still a chance that accounts with exposed email addresses and passwords will be subject to brute-force assaults.
However, because Nansen does not ask for private keys, user wallet funds are unharmed. The business has also advised its customers to look for phishing scams.
Following this event, Nansen has demonstrated its dedication to protecting client data by cooperating closely with the affected vendor, their outside legal counsel, and cybersecurity specialists to launch a full investigation.
As it deals with the fallout from this security compromise, Nansen has reassured its users of its commitment to openness and fast communication.
In the crypto world, Nansen is a well-known source offering on-chain analytics regarding several big players.
The company laid off about 30% of its workers in May, one of several losses brought on by the current bear market.
The Ethereum-based DeFi protocol Balancer cautions users not to access its website after coming under attack on its front end. The platform alerted its community and pleaded with users not to utilize the Balancer user interface anymore. ZachXBT, a blockchain researcher, and blockchain security firms like PeckShield have both lost at least $238,000 in cryptocurrency.
