Nansen, a prominent cryptocurrency and blockchain analytics firm, has disclosed that it experienced a security breach through one of its third-party vendors, affecting approximately 6.8% of its users.
The breach resulted in hackers gaining administrative access to an account that is utilized to provide customer access to the Nansen platform. While the company did not directly name the affected vendor, it described the vendor as "an established company used by many Fortune 500 companies, as well as others in the industry," for data management.
Reports indicate that the breach exposed the email addresses of impacted users, along with some password hashes, and in some cases, blockchain addresses.
Nansen has taken steps to address the issue by identifying and notifying the affected users. Additionally, the company has urged all users to change their passwords. It's worth noting that the security incident did not affect the funds stored in users' wallets.
Nansen is well-regarded within the cryptocurrency space for providing comprehensive on-chain analysis of major players in the industry.
In a recent interview, Nansen CEO Alex Svanevik expressed his belief that, in the future, there will be a protocol capable of balancing blockchain transparency with user privacy while meeting regulatory requirements.
Back in May, Nansen, like many other companies during the ongoing bear market, had to make workforce reductions, resulting in a reduction of around 30% of its employees.
