Taxbit 2023

Taxbit 2023

Data Breach

taxbit.com/

13,925

Records Exposed

Sep 2023

Date of Breach

Database

Breach Type

Jan 2024

Added to Database

About This Breach

TaxBit is a platform for cryptocurrency tax software designed to assist both individuals and businesses in computing, disclosing, and enhancing their tax obligations linked to cryptocurrency dealings. It accommodates a range of cryptocurrencies and seamlessly connects with well-known exchanges and wallets to effortlessly bring in transaction details. In September 2023, TaxBit released a statement on X (previously known as Twitter), stating, "We want to inform you that we've identified suspicious activity linked to a third-party web application, potentially affecting certain data, including email addresses and API keys associated with some TaxBit Consumer accounts." Approximately 14,000 user records were compromised in this data breach.

Compromised Data Types

Email Address IP Address First Name Last Name

Country

United States

Language

English

Password Storage

No Passwords

Category

Financial

Indexed On

Jan 12, 2024

Breach Type

Database

What Should You Do?

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  • Watch for phishing emails targeting your inbox. Attackers may use your exposed email address to send convincing scam messages.
  • Enable two-factor authentication (2FA) on all important accounts to add an extra layer of security.
  • Use a password manager to generate and store unique, strong passwords for every account.

Were You Affected by This Breach?

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