Data Breach Alert: BlockFi and Hubspot

In a twist reminiscent of a cyber thriller, New Jersey-based crypto financial institution BlockFi confirmed a data breach involving its third-party vendor, Hubspot. Picture this: it’s March 18, 2022, and hackers decide to have a field day with client data that had been hanging out on Hubspot’s servers.

What Happened?

According to BlockFi, Hubspot informed them that an unauthorized third party managed to gain access to certain client data. This revelation sent shivers down the spines of users who were quick to realize the potential consequences. The compromised data included names, email addresses, and phone numbers — just enough for crafty bad actors to plot their phishing scams.

BlockFi’s Assurance and Actions

Amid the chaos, BlockFi took a moment to calm the nerves of its clients. They asserted that sensitive personal information such as passwords, government IDs, and social security numbers were never stored on Hubspot. Phew! But that doesn’t mean all is well in crypto-land.

Protecting Yourself from Cyber Shenanigans

BlockFi recommended four crucial strategies to help users fend off the digital villains:

• Good Password Hygiene: Because who doesn’t love a good password that isn’t “123456”?
• Two-Factor Authentication (2FA): Because adding an extra layer of security makes it harder for creepers.
• Allowlisting Trusted Applications: Keep your digital clubhouse exclusive.
• Vigilance Against Scammers: If it smells like fish, it probably is. Don’t fall for those too-good-to-be-true deals.

Staying Informed

BlockFi stated they are working swiftly with Hubspot to assess the situation and will keep impacted clients updated on the findings. It’s all hands on deck with cybersecurity; they emphasized that time is crucial. “Additional information will be emailed to all impacted clients in the coming days,” they added.

Watch Out for Phishing Attempts

In light of this breach, users should be extra cautious about any communications from BlockFi asking for urgent personal information or password changes. While you certainly want to keep your accounts secure, being swept away by urgency can lead to poor decisions. Remember, slow and steady wins the race!