Transak, a crypto on-ramp utilized by platforms such as Metamask, Binance, and Trust Wallet, has reported a data breach affecting approximately 1.14% of its user base. In its disclosure, Transak indicated that the compromised information was limited to basic identity details, including names. However, a ransomware group claiming responsibility for the attack asserts that it possesses more sensitive data. This group threatens to either leak the remaining stolen data or sell it if demands for a ransom are not met. Transak emphasized that no critical financial information was accessed during this security incident, which highlights continued vulnerabilities in the crypto service sector as user identity verification (KYC) processes are being targeted. The situation underscores the growing risks associated with data breaches in the increasingly interconnected blockchain ecosystem.

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