🚨 🇮🇩 Indodax halts deposits and withdrawals amid rising cyberattacks
Indodax, Indonesia’s largest cryptocurrency exchange, has temporarily suspended deposits and withdrawals of cryptocurrencies and Indonesian rupiah after detecting an increase in cyberattack attempts. <Cite refs={["turn738076news5","turn738076search0"]}/>
🔐 What about users’ funds?
CEO William Sutanto confirmed that the measure is precautionary, noting that the platform had detected no unauthorized withdrawals or data leaks at the time of the announcement. No date has been set for the resumption of the suspended services. <Cite refs={["turn738076news5"]}/>
⚠️ A troubling security precedent:
In September 2024, the platform suffered a hack resulting in estimated losses of around $22 million, according to security and media reports. <Cite refs={["turn738076search2","turn738076search10"]}/>
📌 Bottom line: For now, the suspension of deposits and withdrawals does not mean that a new successful breach has occurred; rather, according to published statements, the current measure is part of precautionary steps to counter cyber threats.
#Crypto #Indodax #CyberSecurity #CryptoNews
Indodax, Indonesia’s largest cryptocurrency exchange, has temporarily suspended deposits and withdrawals of cryptocurrencies and Indonesian rupiah after detecting an increase in cyberattack attempts. <Cite refs={["turn738076news5","turn738076search0"]}/>
🔐 What about users’ funds?
CEO William Sutanto confirmed that the measure is precautionary, noting that the platform had detected no unauthorized withdrawals or data leaks at the time of the announcement. No date has been set for the resumption of the suspended services. <Cite refs={["turn738076news5"]}/>
⚠️ A troubling security precedent:
In September 2024, the platform suffered a hack resulting in estimated losses of around $22 million, according to security and media reports. <Cite refs={["turn738076search2","turn738076search10"]}/>
📌 Bottom line: For now, the suspension of deposits and withdrawals does not mean that a new successful breach has occurred; rather, according to published statements, the current measure is part of precautionary steps to counter cyber threats.
#Crypto #Indodax #CyberSecurity #CryptoNews