Ledger Hack - What Happened with Pascal Gauthier - WBD290
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 22 December 2020
⏱️ 55 minutes
🧾️ Download transcript
Summary
Location: Remotely Date: Monday 21st December Company: Ledger Role: CEO
In July of this year, Ledger was made aware of a data breach on their website. Their initial statement read: "consisting mostly of email addresses, but with a subset including also contact and order details such as first and last name, postal address, email address and phone number."
Since then customers have been subject to a range of phishing attempts with scammers sending fraudulent emails claiming that their "cryptocurrency assets are at risk", prompting them to download the latest version of Ledger Live. This fake version would then ask for the user's seed words.
To make this data breach worse, what was initially reported by Ledger as 9,500 customers personal details (including physical addresses) was actually over 270,000. Yesterday both that list, along with over one million customer email addresses, was uploaded to RaidForums for anyone to download. Since the dump, there has been an increase in phishing attempts, including a new threat of physical attacks.
In this interview, I talk to Ledger CEO, Pascal Gauthier. We discuss the data breach, their disclosure of the hack, how they communicated with those affected and their plans moving forwards.
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Transcript
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| 0:00.0 | I can never repeat enough that we're sorry but sadly we cannot go back in time and undo it |
| 0:08.0 | so now we focus on the present and the future what can we do now and we can do in the future to improve the situation. |
| 0:15.9 | Hello there how are you all welcome to the what bit point did podcast and today I've got an |
| 0:20.4 | interview with Pascal Gautier he is the CEO of Ledger and he has come on to discuss |
| 0:25.4 | Ledger's customer data hack. I'm going to skip my normal sponsor as today and just focus |
| 0:31.7 | on the interview, though I do want to thank my |
| 0:34.4 | sponsors Crack and BlockFi Sports Bet and Kasser for supporting the show but with |
| 0:38.6 | this being such a serious issue I don't I don't know I just don't feel like I want to |
| 0:41.9 | put out ads as part of this I just want to |
| 0:43.7 | focus on the content today's regularly scheduled show was meant to be with |
| 0:48.0 | Shinobi looking back at Bitcoin Tech so that'll be out tomorrow rather than today. |
| 0:53.0 | Now, as I'm sure a lot of you will know that in June of this year, |
| 0:58.0 | Ledger's customer database was hacked and over 1 million email addresses were said to have been leaked with over 270,000 of those also including personal details such as phone numbers and physical addresses. |
| 1:11.0 | This hacked information was also this week made available to everyone online, |
| 1:16.1 | sparking fears of not just more fishing scams but perhaps even physical attacks. |
| 1:20.5 | So it's got pretty serious, so I reached out to CEO Pasco Gutee to talk about it and he made the |
| 1:27.0 | suggestion to come on the show and he said look happy to come on I'll be completely |
| 1:30.8 | transparent about what is happening. You can ask me any |
| 1:33.5 | question you like. Obviously I took him up on this. Now this has obviously been a |
| 1:38.0 | massive data breach and since there has been a huge number of fishing attacks |
| 1:41.2 | targeting those whose data has been leaked, including |
| 1:44.8 | myself, I've received a number of the emails. |
... |
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