Transak Discloses Data Breach Affecting Over 92,000 Users: A Wake-Up Call for the Crypto Industry

In a recent blog post, Transak, a leading crypto on-ramp firm, disclosed a data breach that compromised sensitive information of over 92,000 users. The incident occurred when a malicious actor gained access to an employee's laptop through a phishing attack, allowing them to log in to the system of a third-party Know Your Customer (KYC) vendor used for document scanning and verification services.