Swiss Bitcoin Pay Halted After Mysterious Data Breach Exposes User Info
The non-custodial BTC payment processor Swiss Bitcoin Pay has temporarily shut down its servers due to a potential data breach. The company announced on Monday that it suspects a 'malicious user' may have gained access to its internal systems, potentially exposing customer information.
The breach is believed to have occurred on September 14, and the affected systems include email addresses, Bitcoin addresses, IBANs, transaction history, and hashed passwords. Swiss Bitcoin Pay has assured users that their funds are safe and will be fully returned.
This incident comes amidst a wave of data breaches in the crypto industry this year, with several companies including Revolut, Trezor, Pocket Bitcoin, Bits of Gold, and Safepal experiencing similar incidents. The company is currently investigating the breach and working to secure its infrastructure.