

Major breaches are often a catalyst for change in security practices. Not only is this the biggest crypto bank heist in history, it may well be the most costly breach of any type of bank. Once the employee’s laptop was infected, the hackers could access the exchange’s private keys.oincheck was also a victim of a data breach in 2020. Earlier this week, Coincheck, one of Japan’s most prominent cryptocurrency exchanges reported the loss of 500 million NEM tokens, worth roughly 400 million.
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The views and opinions expressed in this article are the author’s own and do not necessarily reflect those of CoinMarketCap. The hackers accessed an account the company held at a domain registration service and used it to send spoof emails to over 200 Coincheck customers.

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