Swiss Bitcoin Pay shuts down servers following a likely security breach; company claims user funds remain safe.
Security & Exploits ·
Swiss Bitcoin Pay has taken its servers offline following a likely security breach of its internal systems. The company disclosed that a malicious user gained unauthorized access and may have obtained customer email addresses, Bitcoin addresses, IBANs, transaction histories, and hashed passwords, though the full scope of compromised data remains unclear.
The shutdown was initiated as a precautionary measure while the company investigates and secures its infrastructure. Swiss Bitcoin Pay stated that user funds remain safe and committed to fully returning any amounts owed to users, though no timeline for service restoration has been provided.
The company indicated it is working to secure its systems but has not disclosed how long the investigation and remediation process will take or what additional steps users should take to protect their accounts in the interim.