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Gemini Reports Phishing Scam Targeting UK and Europe Customers Following Third-Party Data Leakage

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According to reports, Gemini said in an email sent to customers that the third party data leakage led to phishing activities targeting users in the UK and Euro…

Gemini Reports Phishing Scam Targeting UK and Europe Customers Following Third-Party Data Leakage

According to reports, Gemini said in an email sent to customers that the third party data leakage led to phishing activities targeting users in the UK and Europe. It is reported that the fraudster obtained the names, e-mail addresses and/or telephone numbers of some Gemini customers from two third-party suppliers used by Gemini. No account information or system is affected, and all customer accounts are safe. Gemini has informed the Office of the British Information Commissioner and the Irish Data Protection Commission.

Gemini: phishing fraud against European users is caused by data leakage from a third party

Interpretation of the news:


The cryptocurrency platform, Gemini, recently reported a third-party data leakage that led to phishing activities aimed at customers in the UK and Europe. According to the company’s email to its customers, a fraudster had gained access to the names, e-mail addresses, and/or telephone numbers of some of its customers from two third-party suppliers. The phishing activities sought to exploit this information to scam customers.

Gemini reassured its customers that no account information or system was affected, and that all customer accounts are safe. This is a positive assurance, given the sensitive nature of customer account information and the potential consequences of a security breach. The company also reported the breach to the Office of the British Information Commissioner and the Irish Data Protection Commission.

While there is no indication of how widespread the breach was, it is still a cause for concern as phishing scams can have serious consequences for victims. Phishing is a common attack method used by cybercriminals to trick individuals into providing sensitive information such as passwords, usernames, and credit card information. These scams are becoming increasingly sophisticated and can be challenging to detect. A successful phishing scam can lead to identity theft, financial loss, and damage to a company’s reputation.

Gemini’s response to the breach has been commendable. By reporting the breach to the relevant authorities, the company has demonstrated its commitment to transparency and accountability. It is essential that companies take data protection seriously and work to prevent data breaches from occurring. In today’s increasingly digital world, data breaches are becoming more common, and companies must do everything they can to protect their customers’ information.

In conclusion, this latest report of a third-party data leakage leading to phishing scams targeting UK and Europe customers is a reminder of the importance of data protection. It highlights the need for companies to take proactive measures to prevent data breaches and to respond swiftly and transparently when they do occur. By doing this, companies can help to safeguard their customers’ information and their own reputation.

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