• Atomic Wallet experienced a hack on June 3rd.
• The company identified four potential causes of the breach, though none are confirmed.
• Atomic Wallet is working with exchanges to recover stolen funds.

Atomic Wallet Breach

On June 3, Atomic Wallet suffered from a hack that resulted in stolen funds. The exact cause of the breach remains unconfirmed, although Atomic Wallet has listed four possible causes: viruses on local user devices, malware code injection, infrastructure breach, or a man-in-the-middle attack. At this time, none of these are confirmed as potentially causing massive breaches as such types of attacks are difficult to identify.

Recovering Stolen Funds

Since Atomic Wallet does not store or access users’ private keys, investigating the cause of the breach is complex. In response to reports of the hack, Atomic Wallet changed its API server IP address and updated all security protocols across all systems to ensure user safety going forward. Additionally, it is working with exchanges in an attempt to recover stolen assets.

Security Measures

To ensure maximum security for its users after the attack, Atomic Wallet has implemented several measures including changing its API server IP address and updating all security protocols across all systems. The company also recommends that users enable two-factor authentication (2FA) when accessing their wallet accounts and sets certain rules for passwords such as using special characters and numbers in addition to letters when creating one.

Advice For Users

In order to protect themselves against future hacks or similar incidents, Atomic Wallet advises its users to always have 2FA enabled when accessing their wallet accounts and use strong passwords containing special characters and numbers in combination with letters when creating them for increased security. It also recommends avoiding downloading suspicious files that could contain viruses or other malicious software that could be used by attackers to gain access to sensitive information like private keys or passwords stored on a device or computer system.

Conclusion

Atomic Wallet is taking steps to secure itself from further hacks and recover any lost funds due to the recent incident by changing its API server IP address and updating all security protocols across all systems while also working with exchanges in an attempt to seize stolen assets. It’s important for users of the platform to take extra precautions by enabling two-factor authentication when accessing their wallets and using strong passwords containing special characters and numbers so as not be victims of similar incidents in the future.