What happened in the Gemini data breach? | Twingate (2024)

Gemini, a prominent cryptocurrency exchange, reportedly experienced a data breach that led to the unauthorized access of customer information. The breach in 2022 raised significant concerns about the security of sensitive financial and personal information in the cryptocurrency space.

How many accounts were compromised?

Hackers allegedly leaked personal information related to approximately 5.7 million Gemini users.

What type of data was leaked?

The leaked data primarily included email addresses and partial phone numbers.

How was Gemini hacked?

Details regarding the specific method of the breach were not fully disclosed. However, the incident underscored the importance of robust cybersecurity defenses in protecting user data against unauthorized access, especially within platforms handling financial transactions and sensitive personal information.

Gemini’s solution

In response to the breach, Gemini took measures to reinforce its security and protect its users from potential phishing campaigns and other security threats. This included enhancing their monitoring systems to detect suspicious activities, advising users on how to secure their accounts against phishing, and collaborating with law enforcement and cybersecurity experts to investigate the breach.

How do I know if I was affected?

Gemini likely informed users directly if their data was compromised. Additionally, users can check HaveIBeenPwned to determine if their information was included in this or other data breaches.

What should affected users do?

Users impacted by the Gemini data breach should:

  1. Be Cautious of Phishing Emails: Monitor for and avoid engaging with suspicious emails that claim to be from Gemini, especially those asking for personal information or directing you to click on links.

  2. Enable Two-Factor Authentication (2FA): If not already enabled, activate 2FA on your Gemini account to add an extra layer of security.

  3. Change Passwords: While passwords were not reported as compromised, regularly updating your password is a good security practice.

  4. Stay Informed: Follow updates from Gemini regarding any further developments related to the breach and adhere to their security advice.

For further support, reaching out to Gemini's customer service directly is recommended for personalized assistance.

Where can I go to learn more?

For more information on the Gemini data breach and tips on safeguarding your online financial accounts, please refer to the following resources:

What happened in the Gemini data breach? | Twingate (2024)

FAQs

What happened in the Gemini data breach? | Twingate? ›

The breach was traced back to an internal collaboration tool used by one of Gemini's third-party banking partners. This service provider, crucial to Gemini's operations, experienced unauthorized access to its systems, resulting in the exposure of consumer information, including names and bank account details.

What is Gemini data breach? ›

Crypto exchange Gemini has notified authorities of a third-party breach that affected its Automated Clearing House (ACH) service provider and leaked the personal and banking information of 15,000 customers.

What was the CAM4 data breach? ›

The CAM4 data breach occurred due to a misconfigured Elasticsearch production database, which was left online without password protection. This exposed 11 billion records, including sensitive user information.

Is Gemini still safe? ›

Gemini is a relatively safe exchange with fiduciary status. It requires all users to implement two-factor authentication. The company prides itself on offering safe and secure crypto trading services.

What was the data breach incident? ›

A data breach is an incident where information is stolen or taken from a system without the knowledge or authorization of the system's owner. A small company or large organization may suffer a data breach.

What was the worst data breach in history? ›

26 Biggest Data Breaches in US History
  • Yahoo! Date: 2013-2016. Impact: Over 3 billion user accounts exposed. ...
  • Microsoft. Date: January 2021. ...
  • First American Financial Corp. Date: May 2019. ...
  • Facebook. Date: April 2021. ...
  • LinkedIn. Date: April 2021. ...
  • JPMorgan Chase. Date: June 2014. ...
  • Home Depot. Date: April 2014. ...
  • MySpace. Date: June 2013.

What is the world's largest data breach and hack? ›

In January 2024, a data breach dubbed the "mother of all breaches" was uncovered. Over 26 billion records, including some from Twitter, Adobe, Canva, LinkedIn, and Dropbox, were found in the database. No organization immediately claimed responsibility.

How did my data get breached? ›

The vast majority of data breaches are caused by stolen or weak credentials. If malicious criminals have your username and password combination, they have an open door into your network.

Is Gemini a legit company? ›

Gemini is the worlds first SOC1 Type 2 and SOC 2 Type 2 certified crypto exchange and custodian*, click here to learn more. Today, every employee at Gemini continues our founders' focus on security and compliance, in order to build trust.

How do I know if I have been data breached? ›

Check for suspicious logins into your accounts and activate notifications for them if the service you use provides them. Be on the lookout for misleading password retrieval emails and messages and only change your credentials by logging into the account from the official website.

Does Gemini sell your data? ›

It is our policy to not provide your Personal Information to third parties for their own direct marketing purposes without your consent.

What is Gemini software used for? ›

Gemini unifies issue management, requirements capture, QA testing, time tracking — with enterprise-grade capabilities to help automate any process and deliver the most compelling user experience.

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