Crypto Wallet Ledger Suffers Breach Tied to Payment Processor
TL;DR
Ledger's payment processor, Global-e, experienced a data breach exposing user personal details. This follows previous incidents in 2020 and 2023, highlighting ongoing security challenges for the crypto wallet provider.
Source: PYMNTS
Cryptocurrency wallet Ledger is reportedly dealing with a data breach connected to its payment processor. As CoinDesk reported Jan. 5, an email sent to customers by Global-e—Ledger’s third-party payments service—and later shared on X said the breach of the company’s cloud system involved unauthorized access to Ledger users’ personal details such as names and contact information. The report noted that this breach follows one from 2020, which exposed information of 270,000 Ledger customers through eCommerce partner Shopify. Three years later, Ledger was hacked for almost $500,000, affecting numerous decentralized finance applications, the report added. Full Story