TechFlow News: On April 14, according to CoinDesk, cryptocurrency exchange Kraken was extorted by a criminal group threatening to publicly release videos of its internal systems. Kraken stated that it had previously identified and addressed two incidents involving unauthorized access by internal personnel, affecting limited customer data from approximately 2,000 accounts (0.02% of its total user base); however, its systems were never breached, and customer funds remained secure at all times. Nick Percoco, Kraken’s Chief Security Officer, explicitly affirmed the company would not capitulate to criminals. Kraken has already notified affected users, enhanced security controls, and is cooperating with law enforcement authorities in their investigation—believing existing evidence is sufficient to identify and apprehend those responsible. Separately, Galaxy Digital recently experienced a similar cybersecurity incident, though it likewise resulted in no loss of customer funds or data.
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