{"id":175673,"date":"2023-10-17T12:38:41","date_gmt":"2023-10-17T07:08:41","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=175673"},"modified":"2023-10-17T12:38:41","modified_gmt":"2023-10-17T07:08:41","slug":"truecoins-third-party-vendor-breach-potentially-leaks-tusd-user-data-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/truecoins-third-party-vendor-breach-potentially-leaks-tusd-user-data-crypto-news\/","title":{"rendered":"TrueCoin\u2019s third-party vendor breach potentially leaks TUSD user data – Crypto News"},"content":{"rendered":"
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Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin\u2019s third-party vendors got compromised.\u00a0<\/p>\n

TrueCoin was the operator of the TUSD stablecoin till July 13, 2023. On Oct. 16, a third-party vendor\u2019s security team informed TrueCoin of \u201can anomalous account change within [TrueCoin\u2019s] organization made by a compromised support vendor.\u201d As a result, TrueCoin suspects the compromise of some of TUSD\u2019s existing customer data.<\/p>\n

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TUSD team was informed by TrueCoin that they received a third-party vendor’s notification that the vendor\u2019s Security Team detected \u201can anomalous account change within [TrueCoin\u2019s] organization made by a compromised support vendor.\u201d<\/p>\n

\u2014 TrueUSD (@tusdio) October 16, 2023<\/a><\/p><\/blockquote>\n

TrueCoin\u2019s internal systems were not impacted or accessed, as the company confirmed that the attack was an isolated incident on a third-party vendor. \u201cTUSD system is SECURE and not attacked. Both TUSD system and TUSD’s reserves are UNAFFECTED,\u201d affirmed TrueUSD through its official X (formerly Twitter) account.<\/p>\n

Data collected from such breaches \u2014 names, email addresses and phone numbers, among others \u2014 are typically used for phishing attacks. Attackers reach out to unwary investors by mimicking various crypto services, often promising high profits in short amounts of time.<\/p>\n

The impact of the attack and the resultant data leak is yet to be identified, as the total number of users\u2019 data was not revealed during the announcement. <\/p>\n

TrueUSD has not yet responded to Cointelegraph\u2019s request for comment.<\/p>\n

Related: <\/em><\/strong>TrueUSD stops minting via Prime Trust, loses dollar peg<\/em><\/strong><\/a><\/p>\n

TrueCoin recently distanced itself from Nevada-based Prime Trust right after the latter abruptly halted all fiat and cryptocurrency<\/a> deposits and withdrawals.<\/p>\n

TrueUSD announced that \u201cit is not affected by the situation\u201d at Prime Trust while emphasizing its diversified partnerships and maintaining \u201cmultiple USD rails\u201d elsewhere.<\/p>\n

\u201cPrimeTrust has suspended all deposits of fiat and digital assets. #TrueUSD (#TUSD) is not affected by this situation. We have no exposure to Prime Trust and maintain multiple USD rails for minting and redemption. Rest assured, all your funds are safe with TUSD,\u201d TrueUSD stated.<\/p>\n

Magazine: <\/em><\/strong>Beyond crypto: Zero-knowledge proofs show potential from voting to finance<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Stablecoin TrueUSD (TUSD) announced a potential leak of certain Know Your Customer (KYC) and transaction history data as one of TrueCoin\u2019s third-party vendors got compromised.\u00a0 TrueCoin was the operator of the TUSD stablecoin till July 13, 2023. On Oct. 16, a third-party vendor\u2019s security team informed TrueCoin of \u201can anomalous account change within [TrueCoin\u2019s] organization […]<\/p>\n","protected":false},"author":2,"featured_media":175674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-175673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=175673"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175673\/revisions"}],"predecessor-version":[{"id":175676,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175673\/revisions\/175676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/175674"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=175673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=175673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=175673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}