Fractal ID, the blockchain authentication platform, published a detailed report on the data breach that occurred on July 14. The breach was determined to be linked to an employee reusing a compromised password in 2022.

The breach occurred when the account of an operator who had administrative rights on the platform for three years was compromised. The attacker managed to bypass internal data privacy systems, but was blocked within 29 minutes thanks to system monitoring.

Fractal ID responded by disabling all accounts and limiting access to senior employees. The company has increased security measures and contacted relevant data protection authorities to prevent future incidents.

This incident once again reveals the difficulties of data security. We are waiting your comments.