Ledger will pay 10 BTC for information about data breaches

Hardware wallet developer Ledger will pay 10 BTC to users for helping to find cybercriminals responsible for a series of attacks and data breaches.

Users can claim payments for information that will lead to identification, arrest and successful prosecution of intruders.

The company has also hired private detectives and plans to collaborate with other industry players and law enforcement agencies during the investigation.

To improve security, Ledger will reduce the number of places where wallet user data is displayed.

“Our goal is to delete your personal data such as name, address and phone number as soon as possible,” the company blog says.

In the release, the company also announced the launch of a new technical solution that will allow customers to insure their funds.

Recall that the data leak of a million Ledger users occurred on June 25, 2020. An unknown party gained access to the email addresses, names, phone numbers of users.

At the end of October, a user under the nickname Polaris posted the database on the exploit.in hacker forum. User hyperdrill bought data for 5 BTC.

On December 21, data from users of Ledger hardware wallets were made publicly available through the Raidforums forum, where anyone could download them.

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Karice Dabule

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