Kroll Faces Class Action Over FTX Data Breach

A class action lawsuit against financial firm Kroll, which handles customer reimbursements for the collapsed cryptocurrency exchange FTX, has been filed. The suit alleges that their personal information was exposed in a 2023 data breach, leading creditors to be vulnerable to phishing attacks and potential financial losses. 2023 Data Breach, according to court documents, an unauthorized third party obtained a Kroll employee’s mobile phone number on or around August 19th, enabling them to infiltrate the company’s cloud-based systems. This breach resulted in the theft of sensitive creditor data such as names, addresses, email addresses, and account balances.