INX: Third-Party Attack Costs Subsidiary $1.6M, Ensures Customer Data and Fund Security

Security token and digital asset trading platform INX reported that on December 20th, the computer systems of a third-party supplier servicing its subsidiary fell victim to a cyber attack. Attackers managed to access the servers of this third-party supplier and conducted unauthorized transactions, resulting in approximately $1.6 million in losses for its subsidiary.

INX swiftly took action to address the security vulnerabilities, launched an investigation into the nature and scope of the incident, notified relevant law enforcement authorities in the corresponding jurisdictions, and is collaborating with affected trading venues to investigate the event further and take suitable legal measures.

INX's customers were not impacted by this incident. The security vulnerabilities of the third-party provider did not affect INX's platform and servers. No personal information or other data of INX customers was compromised, and INX.One continues to operate fully.