INX cyberattack on third-party vendor, $1.6M loss

INX Digital Company, Inc. issued Cybersecurity incident disclosure on December 20, 2023.

Primary

INX Digital Company, Inc.

Amount

$2M

Structure

Cybersecurity incident disclosure

Date

December 20, 2023

Sub-sector

Crypto / Digital Assets

Digital asset platform disclosed third-party vendor breach resulting in $1.6M loss; demonstrates regulatory disclosure obligations and reserve fund adequacy in crypto trading infrastructure.

Primary company

INX Digital Company, Inc.

Counterparty

Not disclosed

Amount

$2M

Event date

December 20, 2023

Sub-sector

Crypto / Digital Assets

HQ

Not disclosed

Structure

Cybersecurity incident disclosure

Source published

December 30, 2023

Publisher

PR Newswire

Source: lelezard.com