Matt Johnson, Ledger’s new Chief Information Security Officer (CISO), had no choice but to hit the ground not just running but, well, sprinting. His first week of work entailed scrutinizing the fallout from an extensive data dump of customer information, among other areas such as data security and increased attacks that would come as a byproduct of bitcoin pumping.
In the aftermath of the largest hack in company history, and a little over a week after Johnson started, the hardware wallet company Ledger has announced its first measures to address the data breach and ensure such a hack doesn’t happen again.
These include working with blockchain analytics firm Chainalysis to hunt the hackers, offering a 5 BTC bounty for information leading to the hacker’s arrest and creating a comprehensive review of what information the company holds onto, where it’s stored and how long it’s retained.
The Ledger hack