Cyberattack Cripples Unicoin: Employees Locked Out
The cryptocurrency company Unicoin recently suffered a major cyberattack, resulting in the company’s employees losing corporate access for a full four days. The incident occurred on August 9, when an unidentified hacker gained access to the company’s Google G Suite accounts and altered the passwords of all users, leading to a complete loss of access to their systems.
For nearly four days, Unicoin employees with email addresses ending in “@unicoin.com” were unable to use their work services, including Google Mail and Google Drive. It was not until August 13 that the company was able to restore access and expel the intruder from its network.
Unicoin representatives have stated that the analysis of the damage and the extent of the data breach is still ongoing. It remains unclear who is behind the attack, but the company noted that while there is no evidence of stolen financial assets, breaches of personal data belonging to employees and contractors in the accounting department have been detected.
There were also signs of breaches in the email accounts and messages of some managers. Unicoin has yet to provide a precise forecast regarding the potential financial consequences of the incident.
Unicoin is one of the few cryptocurrency companies that reports to the U.S. Securities and Exchange Commission (SEC). Its cryptocurrency is backed by a portfolio of assets, including real estate and shares in other companies. To date, the company has sold its proprietary tokens totaling over $500 million.
This incident underscores the critical importance of enhanced cybersecurity for all companies, particularly those dealing with digital assets. Even the largest and most respected players in the market are not immune to cyberattacks that can seriously disrupt business operations. Maintaining high-security standards and continuous system monitoring are becoming critical factors in preserving customer trust and safeguarding corporate data.
