- October 22, 2019
- Posted by: icoblock
- Category: Uncategorized
One of the more popular VPN service providers, NordVPN, has confirmed that there has been a breach in their security. While the company maintains a “zero logs” policy, the event raises concerns that some of the user data might have been jeopardized. Knowing that NordVPN is something that quite a lot of cryptocurrency users take advantage of, it’s perhaps worth to take additional care following the breach.
NordVPN Confirms Security Breach
NordVPN, being among the well-known VPN service providers, has reportedly confirmed that it went through a security breach.
This admission comes after rumors appeared that NordVPN had expired internal private key exposed. Supposedly, this allowed the attackers to spin out their own servers imitating NordVPN.
According to the official page, NordVPN claims to maintain a “zero logs” policy. This means that they don’t track, collect, or share the user’s private information. However, this gives little reassurance, given the company has been through a breach. Per the reports, back in March 2018, one of the company’s rented centers in Finland has been accessed by an attacker and that center has been active for over a month.
The company continues to reassure users that the expired private key couldn’t have been used to decrypt the VPN traffic on any of its other servers, hence keeping their users’ privacy intact.
Interestingly enough, the company had found out about the breach “a few months ago” but didn’t disclose anything until now in order to be “100% sure that each component within our infrastructure is secure.”
Should Cryptocurrency Users Be Concerned?
If the VPN traffic on any of the servers of NordVPN has been decrypted by an attacker, there’s little that users can do after the fact. However, the company reassures that this is not the case. It’s also worth noting that a lot of people are using VPN services in order to access cryptocurrency exchanges in countries where trading is generally forbidden. Moreover, a lot of users take advantage of these kinds of services to increase their anonymity.
Nevertheless, when it comes to dealing with cryptocurrencies, it is absolutely imperative to do everything you can to guarantee your own security.
Never keep large amounts of cryptocurrencies on hot wallets and make sure to store them safely in cold storage. In addition, it’s advisable to take a look at these must-have tips for securing your crypto wallet.