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home / articles / HACK - Ledger Hack: Phishing Attack On Former Employee Leads To $484000 Crypto Heist | Benzinga


HACK - Ledger Hack: Phishing Attack On Former Employee Leads To $484000 Crypto Heist | Benzinga

Crypto hardware wallet provider Ledger was the target of a sophisticated hacking incident, which led to the theft of approximately $484,000 in assets. It was linked to a former Ledger employee who fell victim to a phishing attack.

The incident unfolded when the former employee's NPMJS account was compromised, allowing the attacker to publish malicious versions of the Ledger Connect Kit.

This compromised software utilized a rogue WalletConnect project to divert funds to a hacker-controlled wallet.

The malicious code was active for around five hours, but Ledger's technology and security teams responded, deploying a fix within 40 minutes of becoming aware of the breach, ...

Full story available on Benzinga.com

Stock Information

Company Name: ETFMG Prime Cyber Security
Stock Symbol: HACK
Market: NYSE

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