In a recent announcement, Shakepay, the Canadian crypto app, disclosed a data breach involving unauthorized access to personal information of a select group of its customers. The breach, detected on Dec. 13, 2023, compromised data but did not affect any bank accounts, crypto wallets, or customer credentials.
Shakepay Addresses Data Breach Concerns, Offers Free Credit Monitoring to Impacted Users
The breach at Shakepay, which offers commission-free services for trading bitcoin (BTC) and ethereum (ETH), was identified following unusual activity on an employee’s work device. Shakepay’s security team quickly responded, deauthenticating and removing the compromised device from their network. This action was part of the company’s incident response protocol, aimed at minimizing the impact of such breaches.
Shakepay’s investigation revealed that the breach, active between March and December 2023, resulted in the extraction of personal details of a small customer segment. Potentially ex
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