A leading cryptocurrency company has admitted that his employees could not use their business productivity apps for four days after a threat actor had removed access.
Unicoin is the official cryptocurrency of reality TV show Unicorn Hunters, described itself as a “more stable alternative” for most digital currencies.
The company unveiled last week in a Form 8-K SEC entering that discovered on 9 August that an unknown threat actor had succeeded in gaining access to his Google G-suite account.
The person has changed the passwords “of all users of the G-suite products from the company (that is, G-Mail, G-Drive and other related G-suite functionality), so that access to all users had an e-mail address of @unicoin.com,” the submission continued.
“On or around August 13, 2024, the company was able to remove the access of the threat actor to the G-suite accounts and to restore access to its internal users,” it added. “The company investigates access to information to determine and reduce the impact of the event. The company also continues to investigate the size of the event.”
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Unicoin is still not sure what happened, but revealed that a contractor had been fired after “traces of identity withdrawn” had been discovered.
Other details that have been revealed in the legal submission are:
- During a “personal control” of all business users of internal services, “discrepancies” were discovered in the personal data of employees and/or contractors in the accounting department of Unicoin
- Traces of hacked messages and e -mail accounts of specific managers were discovered
Unicoin claimed that the event had not had a material impact on its finances or activities, without a loss of money being discovered from coins – although the findings of the company are not yet convincing.
It is unclear whether the dismissal contractor was involved in the infringement of safety. A blockchain analysis company warned last week that threat actors, including thousands of North Korean agents, use advanced social engineering tactics, such as requesting IT jobs at crypto -companies, to steal funds.
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