Ledger Refuses Refunds, Tells Clients “Bank Vault Is More Secure”
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Ledger Refuses Refunds, Tells Clients “Bank Vault Is More Secure”

THELOGICALINDIAN - CEO Pascal Gauthier dismisses audience demands whose claimed capacity were leaked due to anemic aegis standards

After a massive data breach, Ledger’s CEO Pascal Gauthier has accounting an accessible message to clients. In it, he advises users to accumulate their berry byword in a coffer vault.

Ledger Will Not Refund Customers

On amusing media, Ledger barter accept accepted refunds adage the aggregation has bootless to advance their assets’ security.

CEO Gauthier absolved the refunds, abacus that the aggregation should instead absorb money on convalescent their products’ aegis standards.

Gauthier added that Ledger is added acceptable its abstracts aegis by testing all of its systems, administering addition bug bounty, and overextension acquaintance of the advancing phishing attacks.

“That’s absolutely Ledger’s mission: we continuously advance to advance aegis standards. That’s additionally why we won’t be refunding barter like some accept suggested,” Gauthier wrote.

Addressing the apropos about concrete aegis threats of added than 270,000 afflicted Ledger customers, Gauthier said it is bigger to abstain self-custody of private keys

The CEO said that if audience authority a ample bulk of money in cryptocurrency, it is bigger to abundance the clandestine keys in a bank basement instead of befitting them at home.

“Do not accumulate your Recovery area in a safe at home. A coffer basement is abundant added secure. Not accepting actual admission to your advancement increases your animation to concrete threats,” Gauthier said in the message.

Ledger Is Hiring New Cybersecurity Team

Gauthier added appear that the aggregation had assassin a new Chief Information Aegis Officer (CISO) to advance aegis standards.

The new CISO Matt Johnson is a above Group Chief Aegis Officer at the fintech aggregation Ingenico and will be abutting Ledger in January. Gauthier additionally said the aggregation is attractive for “world-class” aegis aptitude to abutment the new aegis leader. 

However, Gauthier bootless to explain why it took the aggregation added than bristles months back the abstracts aperture to appoint a abstracts aegis officer.