Ledger Hack - What Happened with Pascal Gauthier

“I can never repeat enough that we are sorry, but sadly we cannot go back in time and undo it… now we focus on the present and the future.”— Pascal GauthierLocation: RemotelyDate: Monday 21st DecemberCompany: LedgerRole: CEOIn July of this year, Ledger was made aware of a data breach on their website. Their initial statement read: "consisting mostly of email addresses, but with a subset including also contact and order details such as first and last name, postal address, email address and phone number."Since then customers have been subject to a range of phishing attempts with scammers sending fraudulent emails claiming that their "cryptocurrency assets are at risk", prompting them to download the latest version of Ledger Live. This fake version would then ask for the user's seed words.To make this data breach worse, what was initially reported by Ledger as 9,500 customers personal details (including physical addresses) was actually over 270,000. Yesterday both that list, along with over one million customer email addresses, was uploaded to RaidForums for anyone to download. Since the dump, there has been an increase in phishing attempts, including a new threat of physical attacks.In this interview, I talk to Ledger CEO, Pascal Gauthier. We discuss the data breach, their disclosure of the hack, how they communicated with those affected and their plans moving forwards.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.-----WBD290 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.